Shadow banks must appoint risk officers: RBI

Indian shadow banks with more than 50 billion rupees ($714 million) in assets must appoint a chief risk officer, the central bank said on Thursday, as it tightens regulations after a series of defaults by a single lender last year.

from Reuters: Money News https://reut.rs/2LO51g8
http://bit.ly/1fYdTKt
May 16, 2019 at 07:17AM