Risk weights of 100 or 150% apply when ECAI rating actions are devoid of the lenders’ details: RBI
In a review of Prudential Norms regarding Risk Weights for Exposures to Corporates and NBFCs, the Reserve Bank of India on Monday said that “It is observed that the Press Releases (PRs) issued by ECAIs on rating actions are often devoid of the lenders’ details. The absence of such information may result in banks applying…