RBI adopts Basel III standards for capital, liquidity
The RBI said all changes would be applicable from Wednesday
By : DC Correspondent
Update: 2015-04-01 10:40 GMT
Mumbai: The Reserve Bank of India (RBI) announced late on Tuesday amendments to regulations on capital adequacy and liquidity for lenders operating in the country, in order to more closely align them with the standards set by Basel III rules.
The RBI said all changes would be applicable from Wednesday.