Saturday, July 11, 2020

Banks need to raise capital on anticipatory basis: RBI Governor Shaktikanta Das

"In such a situation, it has become a lot more important that the banks have to improve their governance, sharpen their risk management skills and banks have to raise capital on an anticipatory basis instead of waiting for a situation to arise. "Proactively, it is necessary for both public and private sector banks to build up adequate capital buffers," Das said at SBI's banking and economic conclave.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-need-to-raise-capital-on-anticipatory-basis-rbi-governor/articleshow/76912073.cms

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