RBI's regulatory move: S&P Global Ratings forecasts 60 basis points decline in Indian banks' capital adequacy
S&P Global Ratings predicts a decrease of 60 basis points in the Tier-1 capital adequacy of Indian banks due to recent regulatory actions by the Reserve Bank of India (RBI). These actions include an increase in risk weights on unsecured personal loans, credit cards, and loans to nonbank finance companies. The measures aim to address concerns regarding nonperforming loans and ensure the stability of the financial sector amidst evolving economic conditions.
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