Unews World
MUMBAI: RBI has acknowledged that government’s ownership of public sector banks makes its risk management job easier. In its latest economic capital framework report, RBI notes that such ownership has “demonstrably reduced the potential losses” it might face when offering emergency liquidity assistance (ELA), warranting lower capital buffers for these entities.In other words, govt-owned lenders are being treated as a …
Read More »Centre’s ownership of banks cuts ‘lender of last resort’ risk for RBI – Times of India
