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Banks To Need Rs 84,000 Crore Excess Capital Due To RBI's Tweaks: SBI Economists
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Banks To Need Rs 84,000 Crore Excess Capital Due To RBI's Tweaks: SBI Economists
The banking system will need Rs 84,000 crore of excess capital due to revised unsecured loans risk weights introduced by the Reserve Bank of India, economists at the country's largest lender SBI said on Friday.In a report, the economists also said the RBI is seeking to achieve the desired objective of growth and inflation through liquidity and macro prudential measures as the repo rates have peaked out."The immediate impact of the enhanced risk …
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