RBI discusses a host of issues with small finance banks

The discussion, according to an RBI release, focused on a range of issues including evolution of the business models of SFBs; enhancing board oversight and professionalism; further improvements in assurance functions, compliance; internal control and risk management; and need to build up their IT infrastructure both for enhanced customer experience and for cyber security resilience.

from Banking/Finance-Industry-Economic Times https://ift.tt/3jjtQzw