Basel 3 capital norms not to hit Indian banks - RBI
MUMBAI (Reuters) - The Reserve Bank of India (RBI) chief said on Tuesday he did not see higher capital requirements for Basel 3 norms hitting banks significantly.
Duvvuri Subbarao also said in a speech that leverage in the Indian banking system was moderate.
(Reporting by Suvashree Dey Choudhury)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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