Parliamentary Panel Asks RBI To Review Capital Needs For Banks

INSUBCONTINENT EXCLUSIVE:
Parliamentary panel on Thursday asked central bank to review its rules on capital requirement for banks beyond limits under global Basel III
capital regulations, which could improve their lending ability."Such stringent norms stipulated by RBI for our banks is unrealistic and
unwarranted," according to a report by Parliamentary Committee on Finance.(Except for headline, this story has not been edited by
TheIndianSubcontinent staff and is published from a syndicated feed.)