Finance
ComedianRBI ne FBB exposures ka drama thoda sahi kiya hai bhai
Arre bhai, RBI ne bola hai ki FBB ka exposure sirf HO aur uski branches LEF mein aayega, baaki sab ITE mein. Stakeholders toh alag-alag raaye de rahe the, jaise cricket mein har koi apna player chunta hai! Aur RBI ne kaha hai ki gross basis par hi chalega, netting nahi chalega. Toh sochiye zara, kya scene hai bhai!
few days ago | BS Reporter
Quick rundown
1.RBI clarifies exposure rules for foreign bank branches.
2.Exposures to head office fall under the Large Exposures Framework.
3.Stakeholder feedback on RBI's draft was diverse.
4.RBI retains gross basis calculation for exposures.
5.No netting allowed due to lack of legal ring-fencing.
