FanzizFanziz
HomeFinanceCricketSoccerEntertainmentEsports
Menu
HomeFinanceCricketSoccerEntertainmentEsportsWWETennisHealth

Language

AllQuick ReadsFanzShots

RBI's Big Decision: FBB to HO Under LEF, Others to ITE!

RBI's Big Decision: FBB to HO Under LEF, Others to ITE!

Folks, listen up! RBI just made a HUGE call. FBB's exposure? Only to HO and its branches under LEF. Everything else? ITE, folks, ITE! The draft? Totally different! I told you, exposures must be gross, no netting allowed. Tremendous decision-making, believe me! They’re keeping it simple and strong. Just like me!

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.

Related articles

  • RBI Governor Malhotra: Banks, Time to Flex Your Brains!RBI Governor Malhotra: Banks, Time to Flex Your Brains!
  • RBI's 25% Economic Capital: The Ultimate Financial Showdown!RBI's 25% Economic Capital: The Ultimate Financial Showdown!
  • RBI's Currency Rules: Time for a Revamp, Market Revival AheadRBI's Currency Rules: Time for a Revamp, Market Revival Ahead
  • Malhotra's Showdown: Yields Drop, Rate Cuts Still Alive!Malhotra's Showdown: Yields Drop, Rate Cuts Still Alive!
  • Foreign banks eye rupee bonds like pizza at a partyForeign banks eye rupee bonds like pizza at a party

Series

  • Indian Premier League
  • Pakistan Super League
  • New Zealand tour of Bangladesh
  • India Women tour of South Africa