Unlike the sanction of schemes by the Reserve Bank under Section 44A of the Act, the scheme framed by the Central Government is required under Section 9(6) of the Nationalisation Act to be placed before the two Houses of Parliament.
Additionally, as part of regulatory reporting, banks report to the RBI productwise notional principals of their outstanding derivative exposures on a monthly basis, indicating the bifurcation between trading book and banking book, and benchmark-wise details of interest rate swaps. They also report related credit risk exposure to their top ten counterparties each in the financial and non-financial sectors.