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However, in its report on India: Financial System Stability Assessment Update of January, 2013 IMF has, in the context of the current bank licensing policy of RBI, indicated that the international experience supported the prudent policy position of disallowing industrial houses from promoting and owning banks.
a aaa The IMF financial system stability assessment report noted that the "Moroccan banking sector is stable, adequately capitalized, profitable, and resilient to shocks.
Economic Bulletin 4/03 IMF (2005): "Norway: Financial system stability assessment, including reports on the observance of standards and codes on the following topics: banking supervision, insurance regulation and payment systems", IMF Country Report No 05/200, June 2005 Act relating to Payment Systems etc.