LAST­ING SO­LU­TIONS

India Business Journal - - COVER STORY -

IL&FS cri­sis proves that time is ripe for fi­nan­cial sec­tor re­forms.

Over­haul­ing rat­ing agen­cies frame­work

Deep­en­ing cor­po­rate bond mar­ket with reg­u­la­tory nod for in­vest­ment in A- and low­er­rated bonds

Re­vival of de­vel­op­ment fi­nan­cial in­sti­tu­tions to fund in­fra­struc­ture projects

Set­ting up Fi­nan­cial Data and Man­age­ment Cen­tre to mon­i­tor sys­temic risk by col­lect­ing data from var­i­ous sec­tor reg­u­la­tors

En­sur­ing or­derly mech­a­nism for cri­sis res­o­lu­tion in banks and NBFCs

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