RBI-Govt truce: Easier norms free up Rs 35,000 crore capital, allow Rs 3.5 lakh crore loans

The Reserve Bank of India’s (RBI) decision to extend the timeline for the implementation of the capital conservation buffer (CCB) norm by a year to March 2020 could reduce banks’ capital requirements by around Rs 35,000 crore for the current fiscal, government officials said.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2DPNgZa