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OFFICE OF THE GOVERNOROFFICE OF THE GOVERNOR CIRCULAR NO. ___ Series of 2021Subject :Prudential Requirements Applicable to Digital Banks Monetary Board, in its Resolution No. ___ dated ___, approved
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What is proposed circular on prudential?
The proposed circular on prudential is a set of guidelines or regulations aimed at ensuring financial institutions maintain appropriate levels of capital and liquidity to safeguard their financial stability.
Who is required to file proposed circular on prudential?
Financial institutions such as banks, insurance companies, and other regulated entities are required to file the proposed circular on prudential.
How to fill out proposed circular on prudential?
The proposed circular on prudential should be filled out by providing all the necessary financial information and complying with the specified reporting requirements outlined in the circular.
What is the purpose of proposed circular on prudential?
The purpose of the proposed circular on prudential is to ensure the stability and soundness of financial institutions by regulating their capital adequacy, risk management, and liquidity standards.
What information must be reported on proposed circular on prudential?
The proposed circular on prudential typically requires financial institutions to report on their capital levels, risk exposure, liquidity position, asset quality, and other key financial metrics.
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