Apex Bank Current Affairs, GK & News

India Rating: Extended Basel III deadline to ease pressure on banks

March 29, 2014

As per the rating agency, India Ratings (formerly Fitch), the putting off of Basel III by the Reserve Bank of India (RBI) till March 2019 would ease pressure on banks. There were industry-wide concerns about the potential stress on asset quality and consequential impact on performance and profitability of banks. Thus, the apex bank extended ..

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