The central bank said the RBIA is an audit methodology that links an organisation's overall risk management framework.
He said the continuing modest allocation towards the healthcare sector would make it challenging for the government to meet its target of public sector healthcare investment by 2025.
After shedding over 60 points, the 30-share index made a U-turn and was trading over 520 points higher at a record high of 50,321.89.
Sensex up 433 points at 50231, while the Nifty50 rose 107 points up at 14754.
Bharti Airtel, Adani Enterprises, Adani Green Energy, Apollo Tyres, Aptech, Astral Poly Technik and Bajaj Consumer Care are slated to announce their financial results on Wednesday.
The inaugural launch panel included Nilesh Shah, Member, Prime Minister's Economic Advisory Council, Adhil Shetty, CEO of BankBazaar.com, Nithin Kamath, founder and CEO, Zerodha, Kamesh Goyal, founder, Digit Insurance and Rahul Chari, co-founder and CTO, PhonePe.
"Gold prices declined on lack of progress over the US stimulus package and in absence of fresh triggers. Traders and investors also rushed to book some profits," said Tapan Patel, HDFC Securities, Senior Analyst (Commodities).
Nifty Auto rallied the most, over 4%, followed by Nifty PSU Bank, Nifty Realty and Nifty Financial Services gaining over 3% each.
Khara said the budget has rightly recognised the role of core equity capital in financial sector by increasing the FDI limit in insurance companies to 74%.
Sensex trades at 49992 up 1321 points. While the Nifty50 is up 384 points or 2.69% at 14672.