Indian Government Takes Proactive Measures to Enhance Monitoring and Risk Management in Banking Sector

Indian Government Takes Proactive Measures to Enhance Monitoring and Risk Management in Banking Sector.

The Indian Government Takes Proactive Measures to instruct state-run banks to adopt stricter monitoring of top corporate loan accounts.

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This move is an attempt to mitigate the risks associated with corporate lending and ensure that banks are well-equipped to manage risks.

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By increasing stress testing of large corporate loan accounts, banks will be better prepared to deal with potential defaults.

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