Regulations to cover bank corporate governance, foreign stakes and AML.
Committee wants large banks using internal models to provide standardised comparison with smaller peers.
Finance Minister learned of it only a month later when news initially appeared in the media.
Chairman says regulators will work to prevent systemic financial risks.
IPO is set to be launched in the next six to nine months.
Central bank deputy governor says economy and banking system can withstand substantial drop in house prices.
State Bank of India in second group of foreign lenders allowed to operate in the country.
Regulator to introduce raft of changes including launch of options contracts, confirming budget announcement.
Chief economist Shane Worner says imbalanced geographical distribution, not quantity, the most pressing issue.
RBI-regulated joint venture includes nine Indian banks; to host data onshore.