RBI says haste in easing norms for banks- harmful to economy

RBI warns on easing banking norms in haste The Reserve Bank of India (RBI) has said that any kind of decision to ease the regulations on capital adequacy and risk weights at a time when defaults are high and provision is low to cover losses is harmful to the economy. The banking regulator said in … Continue reading RBI says haste in easing norms for banks- harmful to economy