These plans - which focus on the solvency, liquidity and profitability of the largest banking groups - include detailed historical and prospective accounting and prudential information (overall strategies pursued in a 3-4 year time horizon) and are built over harmonized macro scenarios, guidelines and restrictions, thus allowing for full consistency among institutions.
Thus, balances under MSS rose from around Rs.39,000 crore at end-January 2007 to around Rs.1,75,000 crore by end-May 2008 in the face of large capital flows; in the subsequent period, with reversals in capital flows, MSS balances came down to around Rs. 88,000 crore by end-March 2009 and helped maintain adequate rupee liquidity in the system.