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- Regulation of Financial Intermediaries in Emerging Markets
Regulation of Financial Intermediaries in Emerging Markets
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The regulation of financial intermediaries is a significant challenge to policy makers, particularly those in emerging economies. This volume examines: the best practices in regulation in emerging markets, the new Basle norms for capital adequacy, the question of single versus multiple regulators, as viewed by the International Monetary Fund, ways to harness incentives in the context of banking, the subsidy dependence enjoyed by commercial banks and the development of financial institutions before and after the commencement of financial reforms in India, and proposes an innovative approach to setting limits for NPAs in banks.
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