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)
(For more business news visit Reuters India)
- Tweet this
- Share this
- Digg this
GROUP OF 20
The G20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block. Full Article
Top rice exporter India importing over 100,000 T on temporary supply squeeze. Full Article