BANKS
RBI’s risky loans norms: Bank of Baroda sees up to 50 bps on capital buffers
Reserve Bank’s risk weight tinkering will have an impact of up to 0.50% on Bank of Baroda's capital buffers, says CEO Debadatta Chand.
Reserve Bank’s risk weight tinkering will have an impact of up to 0.50% on Bank of Baroda's capital buffers, says CEO Debadatta Chand.
The Reserve Bank of India's risk weight tinkering will have an impact of up to 0.50% on Bank of Baroda's capital buffers, the state-run lender’s managing director and CEO Debadatta Chand said.
Speaking to reporters on the sidelines of the Fibac event, Chand said there will be an impact of 0.40-0.50% on its capital adequacy.
The impact will be in sync with the industry, he said.
Bank of Baroda’s overall capital adequacy stood at a comfortable 15.30% as on 30 September.
Asked about BoB World, Chand said the present episode will not have any impact on the deposit mobilisation for the lender.
