RBI’s latest guidelines on financial services of commercial banks ease reorganization requirements and potential operational disruption for many banking groups, says Crisil Ratings

The guidelines provide flexibility with regard to overlapping lending activities within large banking groups While the RBI’s latest guidelines on commercial bank financial services have eased restructuring requirements and potential operational disruption for many banking groups, they do strengthen compliance requirements for them, according to Crisil Ratings. The guidelines provide flexibility regarding overlapping lending activities […]