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RBI extends deadline for meeting Basel III norms to Mar 2019

Last Updated: Thursday, March 27, 2014, 20:52

Reserve Bank on extended deadline for banks to implement global capital norms, Basel III, by a year to March 2019 on concerns of potential stresses on the asset quality and profitability of the banks.

Govt can lend equity support of Rs 20K cr annually for PSBS

Last Updated: Tuesday, September 11, 2012, 19:57

The government can easily provide an equity support of upto Rs 20,000 crore annually to state-run banks to meet stricter Basel-III capital norms, a senior official said here Tuesday, but warned that funding beyond that will be problematic.

ICICI, HDFC Bank, Axis need Rs 70K capital for Basel III: Fitch

Last Updated: Friday, August 03, 2012, 18:44

Ratings agency Fitch on Friday said the top three private sector lenders--ICICI Bank, HDFC Bank and Axis Bank--will require close to Rs 70,000 crore in fresh capital to meet the stricter Basel-III capital norms.