Prudential requirements of the sectoral regulations would, however, need to be balanced with the need for a developed bond market which ultimately would be in the interest of all the financial market participants. Expanding access to the foreign investors There is a growing demand to open up the corporate debt market and, in particular infrastructure debt segment to the FIIs/QFIs.
Best practice 3: Adopt a framework for assessing operational risk Over the past few years, the discussion of operational risk management has increased significantly in banking circles.