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Risk Based Supervision (RBS) focuses on evaluating both present and future risks, identifying incipient problems and facilitates prompt intervention/ early corrective action as against the compliance-based and transaction testing approach (CAMELS) which is more in the nature of a point in time assessment. RBS benefits the bank supervisor by optimizing its use of supervisory resources and also helps the regulated entities in improving their risk management systems, oversight and controls.
Which of the following statements is/are correct?
1. The NEP 2020 replaces the National Policy on Education of 1986.
2. A committee under ...
What is the key feature of the SCORE system developed by SAMEER?
What was the specific reason RBI imposed a penalty of ₹31.80 lakh on Bank of Maharashtra?
Special Drawing Rights (SDR) is an international reserve asset, created by the IMF in which of the following years?
What is the maximum tenor for LongTerm Capital Gains (LTCG) on listed securities in India?
On which date National Milk Day is celebrated annually?
The govt of India has approved the extension of Interest Equalization Scheme on Pre and Post Shipment Export Credit to ………
Which currency note doesn't bear the signature of the Governor of the RBI?
Which two Urban Co-operative Banks (UCBs) are set to merge with other banks as per RBI’s latest approval?
Which denomination notes will be introduced as plastic currency in India?