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Banks Warned Again to Rein in Spending 

Banks Warned Again to Rein in Spending 
Banks Warned Again to Rein in Spending 

The Central Bank of Iran on Tuesday announced new rules to curb the growth of banks assets and control their balance sheets. 
The regulator appraises the performance of banks based on internationally acceptable “health indices” at six-month intervals. 
Based on the assessments, it determines the ceiling up to which a bank can increase the “asset” side of its books. 
As per an earlier CBI bylaw, the monthly growth of assets of specialized lenders must not exceed 2.5%. Likewise, commercial banks are not allowed to increase assets beyond 2%. 

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