Reform would see BSP receive more financial support to enhance regulatory and supervisory powers.
Gujurat High Court suggests central bank also not empowered to conduct 'demonetisation'.
Move aims to unify regulations through tightened supervision of regional exchanges.
Group met to discuss macroprudential frameworks, fintech, and correspondent banking.
New technology allows processing of data from different sources, said to enhance regulatory effectiveness.
Move expected to end practice of banks offering loans to risky enterprises via the firms.
Both countries face external economic and geopolitical risks, report suggests.
New measure follows BIS recommendation on preventing liquidity crisis during external shocks.
Regulator says to boost cybersecurity, fintech; examine HFT trading regulation.
Local lenders will be brought under same standards as regular banks.
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