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RBI adopts Basel III norms for capital, liquidity

RBI adopts Basel III norms for capital, liquidity

The Reserve Bank of India said that all changes to regulations on capital adequacy and liquidity for banks would be applicable from Wednesday.

(Photo: Reuters) (Photo: Reuters)

The Reserve Bank of India (RBI) announced late on Tuesday amendments to regulations on capital adequacy and liquidity for banks 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.

(Reuters)