........In its global Global Financial Stability Report (GFSR) released on Wednesday, the IMF said Indian banks have not set aside enough money from profits to cover bad assets compared with others. “Relative to regional peers, loan loss provisioning appears low in Hungary, India, Indonesia, Malaysia and South Africa, suggesting that any potential credit quality deterioration may need to be absorbed by equity capital,” the report said. While most countries now meet the Basel-III minimum tier-1 capital requirement of 6%, the relative provisioning has created differences in lossabsorbing capacity. .........
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