Banks need to buffer their capital base and upgrade risk management systems: RBI governor.
Written by Reuters
Mumbai |
1 min read
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Banks need to buffer their capital base and upgrade risk management systems,the Reserve Bank of India (RBI) governor said on Wednesday.
“Buffering the capital base of banks is obviously a standard and much needed response to risk management,” Reserve Bank of India Governor Duvvuri Subbarao said at a business conference.
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