......." Banks will need Rs 3.9- 5 trillion capital over the next six years, out of which common equity requirements will be Rs 1.3- 2 trillion; Rs 1.9 trillion for additional tier I; and Rs 1 trillion for tier II," an ICRA note said. This is achievable, " so long as banks can find investors for the riskier additional tier I capital," it said. The Reserve Bank on Wednesday issued final guidelines for Basel III beginning January 1, 2013 and to be implemented by March 31, 2018.........
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