You are here: Home » Economy & Policy » News
Consider impact on other nations before imposing sanctions: FM Sitharaman
100 cities in six months: Govt's ambitious ONDC pilots today
Business Standard

Reserve Bank of India may curb first-loss default guarantees

Only regulated entities, rated arrangements can pass muster

Topics
Reserve Bank of India | Banking | shadow banking

Raghu Mohan  |  Mumbai 



RBI, Reserve Bank of India
Photo: Shutterstock

The (RBI) has sought details of first-loss default guarantee (FLDG) exposures of select banks and shadow banks, even as it has informally conveyed to them that it is not comfortable with the arrangements in vogue now.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, April 28 2022. 06:05 IST

RECOMMENDED FOR YOU

.