Federal Reserve has released the Design and Implementation Note on Supervisory Capital Assessment Programme conducted by it recently. It is provided below:
http://documents.nytimes.com/how-to-design-and-conduct-a-bank-stress-test
Findings of the study will become public on 4th May. The Design indicates that the study must have been rigorous. In contrast, the Committee on Financial Sector Assessment headed by Dr.Rakesh Mohan which studied the results of stress tests on Indian banks has apparently been less rigorous and more pragmatic. Its findings are:
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=20428
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