RBI issues revised Basel Pillar 3 disclosure framework for commercial, small finance and payments banks

· economictimes.indiatimes.com

The Reserve Bank of India has revised its Basel Pillar 3 disclosure framework. These amendments aim to strengthen market discipline through more comprehensive public disclosures. Banks must now provide detailed information on capital and risk exposures. A formal disclosure policy approved by boards is also required. Further templates for specific risks will be issued later.

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