Can I read RBI Draft Guidelines on Bank Outsourcing on EtoBox?

RBI Draft Guidelines on Bank Outsourcing by uto is a document available to read on EtoBox.

What is RBI Draft Guidelines on Bank Outsourcing about?

This document provides draft guidelines on outsourcing of financial services by banks. It notes that banks are increasingly outsourcing activities to reduce costs and access specialized expertise. However, outsourcing also brings risks like strategic, reputation, compliance, operational, and systemic risks. The guidelines are intended to provide direction to banks on adopting sound risk management practices for oversight, due diligence and management of outsourcing risks. Banks will not need prior RBI appro

Author

uto

Language

EN