Basel News
Jaimini Bhagwati: Indian PSBs - pitfalls ahead
The rallying cry for those in favour of the status quo in the international banking sector when risk capital is sought to be raised is that “capitalism is in danger”. Bankers in the United States have added to worries about global growth by postulating that raising Tier-I capital requirements to nine per cent of risk weighted assets will lead to shrinking of bank assets and reduction
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