Question
1.   Which of the following is correct regarding
Supervisory review Process (SRP)? 1.   Supervisors should review and evaluate banks ICAAP 2.   Banks must have capital for projected growth 3.   Supervisors may advise banks to hold capital in excess of regulatory capitalSolution
Supervisory Review Process is basically intended to ensure that the banks have adequate capital to support all the risks associated in their businesses. As per RBI guidelines ICAAP or Internal Capital Adequacy Assessment Process is done by banks themselves while SREP or Supervisory Review and Evaluation Process is conducted by RBI.
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The govt of India has approved the extension of Interest Equalization Scheme on Pre and Post Shipment Export Credit to ………
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