RBI tells banks to put in place biz continuity plans to prevent disruption







Business Standard



Banks and regulated entities “should also assess the impact on their balance sheet,” it said




RBI

Banks and regulated entities “should also assess the impact on their balance sheet,” it said.

The (RBI) told on Monday to take stock of critical processes and revisit their business continuity plans to prevent any disruption of services, while encouraging customers to use must constitute a quick response team, “which shall provide regular updates to the top management on significant developments and act as a single point of contact with regulators/outside institutions/agencies”, the said. and regulated entities “should also assess the impact on their balance sheet,” it said.





First Published: Tue, March 17 2020. 01:55 IST











Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!

Comments