Keeping the group borrower limit at the level of single borrower limit, that too related to Tier I than the total capital will severely constrain the availability of bank finance (which is the major source of finance in India) to these corporate groups and the infrastructure sector and thus hamper the growth of the economy.
BIS central bankers’ speeches  1  Shareholders are at the core of instilling corporate governance in banks. The disclosure of bank shareholders signals adherence to corporate governance as well as instilling confidence and stability in specific banks and the sector as a whole.