Macro-financial and micro prudential aspects to NPLs To frame this issue at a macroeconomic level, it is useful to think about the two way linkages between macroeconomic developments and the financial sector. The link between macroeconomic indicators and NPLs has been well established.
This rule was last updated 25 years ago, and the banking industry has changed dramatically since the 1990s. The proposal reflects these industry changes, including recognizing internet and mobile banking services, it also attempts to provide clarity and consistency, and it could enhance access to credit for these low- and moderate-income communities.