RBI to boost real-time, offsite monitoring of bank records
MUMBAI: RBI governor Sanjay Malhotra said that the regulator plans to increase offsite surveillance of banks in real-time. Historically, RBI has been conducting onsite supervision of the records of banks largely through annual financial inspections and targeted inspections under a risk-based supervision framework focusing on core areas like capital adequacy, asset quality, management, earnings liquidity…