IndiaInsurance
16th September 2010, 07:26 AM
RBI deputy governor Shyamala Gopinath has said that going forward, the banking regulator will have to consider strong policies for Systemically Important Financial Institutions (SIFI) drawing on a range of policy levers. The real concern from the inter-connectedness perspective arises from the non-banking financial sector which is regulated by regulators for respective sectors viz insurance, securities broking, mutual funds, venture capital, housing finance. All the other non-banking financial activities are regulated by the RBI as part of a separate regulatory framework, said Gopinath, who was speaking on the sidelines of Macroeconomic and Financial Stability in Asian Emerging Markets conference in ...
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