Definition : BRSA

BRSA stands for Banking Regulation and Supervision Agency, which is a government agency responsible for regulating and supervising the banking sector in a country. This agency plays a crucial role in maintaining the stability and integrity of the banking system by setting and enforcing rules and regulations for banks to follow. The BRSA also conducts regular inspections and audits to ensure that banks are operating in compliance with these regulations and to identify any potential risks or issues. Its main objective is to protect the interests of depositors and maintain the overall health of the banking industry. The BRSA is an essential component of a country’s financial system, promoting transparency, accountability, and stability in the banking sector.

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