Today, DNB is a central bank, part of the European System of Central Banks and member of the Single Supervisory Mechanism, as well as the prudential supervisor of the pension and insurance sector of the Netherlands. •  The IAIS, too, is celebrating an anniversary – it was founded 20 years ago.
This could be largely on account of search for higher return by investors in an environment of substantial improvement in liquidity in the economy. As you are aware, as a part of the eligibility criteria, the minimum tangible net worth of the corporate was reduced from the initial level of Rs. 10 crore to Rs. 4 crore in October 1993.