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Indian banks have adequate capital, no reason for worry: CEA

Indian banks have adequate capital, no reason for worry: CEA

Monday, March 9, 2020, 10:17 AM

As the Yes Bank crisis weighs on investor sentiments, becoming a major reason of concern for the bank's depositors, CEA Krishnamurthy Subramanian said there is no reason to worry as India's banks have adequate capital. He also noted that ratio of deposit to M-CAP (market capitalisaion) is not the correct instrument for assessing the safety of banks and instead CRAR should be guaged.
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