"The underlying principle of the proposed directions is that the RE should ensure that outsourcing arrangements neither diminish its ability to fulfil its obligations to customers nor impede effective supervision by the supervisory authority," the Reserve Bank of India said after proposing stricter norms for recovery of overdue loans.
from Banking/Finance-Industry-Economic Times https://ift.tt/GH7R3U1
via IFTTT
No comments:
Post a Comment