Photographer: Dhiraj Singh/Bloomberg

Banks’ State Debt Pile at Stake as India Braces for Basel Battle

Updated on
  • Global regulators may reform rules for banks’ state debt pile
  • BIS says current regulatory treatment is ‘no longer tenable’

The Reserve Bank of India is bracing for a fight on proposed changes to the global regulatory framework that would hit the country’s lenders with higher capital charges for the mountain of government debt on their books.

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