RBI To Enhance Monitoring Of Shadow Banks: Shaktikanta Das
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New delhi: reserve bank governor shaktikanta das Monday said the central bank will discuss issuance of overseas sovereign bonds with the government. After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for shadow banking (NBFC) sector.
Jul.21 — Reserve Bank of India Governor Shaktikanta Das said future policy action will depend on incoming economic data after a series of moves this years. Das poke to Bloomberg on Saturday in one of.
RBI to enhance monitoring of shadow banking firms: shaktikanta das monday, 10 June 2019 Reserve Bank of India (RBI) governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking.
Jul.21 — Reserve Bank of India Governor Shaktikanta Das said future policy action will depend on incoming economic data after a series of moves this years. Das poke to Bloomberg on Saturday in one of his first media interviews since he took office. Malcolm Scott reports on
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MUMBAI- Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor the health of non-banking financial companies (NBFCs) and it would not hesitate to take corrective measures, if needed, to address issues in the shadow banking sector. "We will not hesitate to take any required steps to maintain financial stability in.
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Das said as part of initiatives to enhance supervision of NBFCs, the central bank is putting in place a system to ensure regular interaction with all stakeholders in the shadow banking value chain.
· Giving NBFCs the false appearance of health would only increase, not decrease the chances of a systemic crisis. Speaking to Bloomberg News recently, RBI Governor Shaktikanta Das warned that the central bank sees “some signs of fragility,” particularly in shadow banks that are exposed to the housing sector. The question is what to do about it.
Reserve Bank of India Governor Shaktikanta Das said the central bank would closely monitor. to enhance supervision of NBFCs, the central bank is putting in place a system to ensure regular.