Nov 20, 2018
Extension of Basel-3 implementation timeline credit-negative for PSU banks: Moody’s
Extension of Basel-3 implementation timeline credit-negative for PSU banks: Moody’s
Mumbai, Nov 20 (IANS) Global credit ratings agency Moody’s Investors Service on Tuesday termed the RBI board’s decision to extend the timeline for the full implementation of Basel 3 guidelines by a year as a credit-negative for state-run banks.
The assessment by the research and risk analysis firm comes a day after the Reserve Bank of India (RBI) board held a meeting here that lasted over 9…
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