Indian financial system is stronger after the pandemic than in the aftermath of the global financial crisis in 2008, Das said. Here are more comments from Das’s interview:There is no need for another one-time asset quality review as the RBI has significantly stepped up its supervision of banks and the top 100 shadow lenders. Uncertainty remains on the extent of new bad loans in the financial system given the ongoing regulatory dispensations. Have taken steps to tighten leveraging rules in core investment companies that fall under the shadow lenders’ category. Subscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter.

Source: Mint February 24, 2021 09:56 UTC