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FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in…
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FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in…
This week, we bring you one of Alastair’s favourite interviews. He’s joined by Kim Leadbeater…
FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in…
FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in…
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FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in…
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FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in…
This week, we bring you one of Alastair’s favourite interviews. He’s joined by Kim Leadbeater…
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RBI tweaks operational risk capital framework for banks
0FILE PHOTO: A Reserve Bank of India (RBI) logo is seen inside its headquarters in Mumbai, India, April 6, 2023. REUTERS/Francis Mascarenhas/File Photo | Photo Credit: FRANCIS MASCARENHAS The Reserve Bank of India on Friday amended its operational risk capital framework for commercial banks ahead of its implementation from April 1, 2027. The central bank issued detailed guidance on the computation of Operational Risk Capital (ORC), including an indicative mapping of Business Indicator (BI) items to balance sheet and profit-and-loss account schedules.The central bank also clarified that operational risk losses used for calculating the Internal Loss Multiplier (ILM) will be…