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Basel 3 capital norms not to hit Indian banks - RBI
September 7, 2010 / 5:24 AM / 7 years ago

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.

Reserve Bank of India (RBI) Governor Duvvuri Subbarao speaks during a business conference organised by the Confederation of Indian Industry (CII) in New Delhi March 26, 2009. REUTERS/Vijay Mathur/Files

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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