RBI revised norms to help banks mitigate exposure risks: RK Takkar, former MD of UCO Bank
  • WebDesk BTVI
  • Jun 04 2019

RK Takkar, former MD & CEO of UCO Bank, says the new RBI norms on large exposure framework for banks have two main components; one that excludes entities connected with sovereign, and the second one is the economic interdependence criteria. He says this is a move in the right direction as it would help banks mitigate the risk of high exposure. HE says RBI's revised norms to help banks in mitigating the risks ahead.