May 30, 2013 / 12:04 PM / 4 years ago

Subbarao says bad loans situation 'disturbing'

Duvvuri Subbarao, governor of the Reserve Bank of India speaks during an interview with Reuters at a hotel in Mexico City November 5, 2012.Henry Romero/Files

AHMEDABAD (Reuters) - Reserve Bank of India (RBI) chief Duvvuri Subbarao said on Thursday that the bad loan situation at lenders was "disturbing".

However, he added, that it would not have a major impact on Basel III rules for capital adequacy.

Subbarao was speaking at an institute in Ahmedabad, Gujarat.

Reporting by Neha Dasgupta; Editing by Anand Basu

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below