RBI issues framework for recognition of Self-Regulatory Organisations in financial markets invites applications
New Delhi [India], August 19 (ANI): The Reserve Bank of India on Monday issued the framework for the recognition of Self-Regulatory Organisations in financial markets.
The framework was introduced given the potential role of Self-Regulatory Organisations (SROs) in strengthening compliance culture among their members and also providing a consultative platform for policy-making.
The framework is specified into broad paramet