Monday, May 14, 2012

Compliance with Basel-III should be a breeze: PNB chief

Public sector lender Punjab National Bank (PNB) does not see any large pressure or problems in its transition to Basel-III, the new international standards for capital requirements of banks. This is despite India venturing into over-compliance with Basel-III with higher and more stringent requirements. The Reserve Bank of India came out with final guidelines on this on May 2.........

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