According to the news, it was found out that the Reserve Bank Deputy Governor, KC Chakrabarty has called for the changes in the rating and reporting standards of the banks. He said that a bank should not be rated just because of its net interest margin (NIM) and net profit, but should be rated from a non-financial angle.

Chakrabarty have claimed that people should not just analyze and appreciate the performance of a bank by looking at the NIM and profit of the bank.

People should also look at the purpose of a bank, the intermediation at the lowest cost and the social sector initiatives a bank does such as how many no-frills accounts have been opened, how many poor people have been funded, how many rural branches have been opened.

He later said that the entire marketed related-systems and the methods governing them should be changed. He did not specify any bank.

He said, "If a bank gets a new chairman and then its financial numbers undergo great volatility, there is a problem. We must ensure that it does not happen time and again, because at the end of the day, it is very important to maintain the quality of our banks."