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US India Business Council highlights importance of India’s economy for US busine...
source link: https://nextbigwhat.com/rbi-governor-indian-banks-will-be-able-to-maintain-capital-adequacy-in-severe-distress/
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RBI Governor: Indian Banks will be able to maintain capital adequacy in severe distress
- RBI Governor Shaktikanta Das said that stress tests show that Indian banks will be able to maintain capital adequacy above the minimum requirement even in a situation of severe distress.
- This means that Indian banks will be able to remain solvent even in difficult economic conditions.
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