Macro-prudential Surveillance
In fulfilling the objectives of promoting monetary stability and a sound financial structure, and in fostering credit and exchange conditions conducive to orderly and balanced economic development, the Reserve Bank had initialized the development of a macro prudential surveillance framework. The primary aim of the framework was to ensure necessary measures are in place to prevent/limit the negative effects of a systemic crisis.
The Reserve Bank publishes yearly Financial Stability Report (FSR) which is to encourage awareness among the general public, including the financial system main players, about matters that impact the safety of the financial system. This is done by analysing the main risks that impact the financial system and looking at ways to mitigate these risks.