Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business

UNCOVERED: Rbi proposes leverage buffer for branches of global systemically important banks - Caught on Camera

Mumbai: The Reserve Bank of India (RBI) has proposed an additional leverage ratio buffer for Indian branches of global systemically important banks (G-SIBs), as part of revised capital adequacy norms aimed at aligning domestic regulations with the latest Basel standards.

Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.