Large Exposures Framework: New RBI rules to deter banks’ concentric lending
-Kanakprabha Jethani |Executive Vinod Kothari Consultants Background The RBI has made some crucial amendments to the Large Exposures Framework (LEF) by notification dated June 03, 2019. These changes are intended to align with global practices, such as look through approach for identifying exposures, determination of the group of “connected” counterparties, to name a few. The […]