We have attached considerable importance to make them resilient through harmonization of regulations and a robust liquidity framework. RBI on November 4, 2019 has come out with guidelines on liquidity risk management framework for NBFCs. Our objective 3/5  BIS central bankers' speeches  is to ensure proper governance and risk management structures in NBFCs. Urban Co-operative Banks 16.
* 1  *  *  Introduction  Ladies and gentlemen For more than four years we have been facing an unprecedented crisis, which has sometimes led to high levels of uncertainty. I will start my short speech with some information on the current situation in Germany and Europe before returning to the individuals and their role in transmitting such information.