Industry lobby grouping IBA s chairman A K Goel, who also heads state-run Punjab National Bank, said the move to impose a 10 per cent incremental cash reserve ratio will not impede the sector s ability to lend.
RBI s policy communication nuanced, says SBI s Khara thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Each banking crisis amplifies fears of a risk to financial stability and the capability of foreign banks to withstand it. In India, losing share in deposits and lending activity may not make for a pretty matrix, but most foreign banks have doubled down on their strengths to battle domestic heavyweights