Illustratively, all cases of penalty imposed by the RBI on the banks as also directions issued on specific matters, including those arising out of inspection, are placed in the public domain. Seventh, in the regulatory framework and supervisory practices, which have almost converged with the best international practices, two points are noteworthy.
First, the minimum capital to risk assets ratio (CRAR) has been kept at nine per cent i.e., one percentage point above the international norm; and second, the banks are required to maintain a separate Investment Fluctuation Reserve (IFR) out  BIS Review 62/2007  9  of profits, towards interest rate risk.