Work on the Feasibility Study does not supplant work on structural reforms! Neither structural reforms nor the Feasibility Study “recognize” party interest, pre- or post-election times, “specific needs” of the transition in Serbia, but only the things that have actually been done.
Reserve Bank’s endeavour in this context has been to streamline NBFC regulation, address the risks posed by them to financial stability, address depositors’ and customers’ interests, address regulatory arbitrage and help the sector grow in a healthy and efficient manner.