Government wants easier norms for banks, in line with global rules

During discussions with RBI, including at this week’s board meeting, government representatives have suggested that the capital requirement for banks, along with risk weights and capital conservation buffer should be in line with the Basel norms, sources told TOI. The government feels that the current norms are tougher than global standards.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2D3WGQv