RBI proposes a leverage ratio of 3.5% for ‘important’ global banks

The Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5% ratio plus a buffer. Domestic systemically important banks will continue with their 4% ratio mandate. Other commercial banks will maintain the existing 3.5% leverage ratio. These proposals align with the Basel Committee on Banking Supervision's framework.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/LeYpgaZ
via IFTTT

Comments

Popular posts from this blog

RBL Bank taps HDFC veteran Bhavin Lakhpatwala as CFO

India's Paytm Payments Bank granted status upgrade