India’s financial system has grown stronger, but IMF says banks need to align more closely with international norms like IFRS 9. In its latest Financial System Stability Assessment (FSSA), the International Monetary Fund (IMF) asked Indian banks to adopt global Read More …
Tag: Indian banking reforms
IMF Urges Indian Banks to Adopt Global Credit Risk Standards and Improve Supervision
IMF Pushes Indian Banks to Adopt IFRS 9 for Better Credit Risk Management
RBI report reveals IMF’s recommendations on tighter loan supervision, insurance resilience, and emerging risks like cyber threats and climate change. Summary: The International Monetary Fund (IMF), in its latest Financial System Stability Assessment (FSSA) released by the Reserve Bank of Read More …