Banking Regulation: Objectives & Forms
ØImplicit objectives – Promotion of Financial Stability and customers’ protection
Ø Forms
ØPrudential Regulation
÷Capital Adequacy, Income Recognition and Asset Classification & Provisioning, Exposure Ceilings, Risk Management etc.
ØOther Regulatory Guidelines
÷Corporate Governance, Fit & Proper, Know Your Customer/Anti Money Laundering, Credit Information Companies, Customer Services
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