Prudential Framework definition

Prudential Framework means Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Directions, 2019’ bearing no. RBI/2018-19/203 DBR. BP. BC. No. 45/21.04.048/2018-19 dated June 7, 2019 (as amended, modified, supplemented and/or replaced from time to time)
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Prudential Framework means “Dispositif prudentiel applicable aux établissements de crédit et aux compagnies financières de l'Union Monétaire Ouest Africaine” and the “Décision N°019 du 26/06/2020/CM/UMOA portant modification du Dispositif prudentiel applicable aux établissements de crédit et aux compagnies financières de l'Union Monétaire Ouest Africaine”, in each case as amended, updated and/or supplemented from time to time;
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Prudential Framework means Prudential Framework for Resolution of Stressed Assets) Directions 2019, issued by RBI dated June 7, 2019, as amended from time to time.
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Examples of Prudential Framework in a sentence

  • The Reserve Bank of India has issued directions called the Reserve Bank of India (Prudential Framework for Resolution of Stressed Assets) Directions, 2019 containing revised framework with a view to providing a framework for early recognition, reporting and time bound resolution of stressed assets on June 7, 2019 (hereinafter referred to as the extant “Regulatory Framework ”, which term shall also include the amendments, modifications or replacements that are made from time to time).

  • No actions have been initiated or contemplated against any of the Obligors under the Prudential Framework for Resolution of Stressed Assets or any such guidelines as applicable, except to the extent that such misrepresentation, when taken together with a breach of any other representation on solvency over the tenor of the Debt Securities, would impact less than 5% (five percent) of the annual EBITDA of the Issuer.