Troubled bank to clarify India's Basel III commitment

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 3, 2014, págs. 40-41
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article focuses on the ways for the Royal Bank of India (RBI) to address the problem of the United Bank of India (UBI) as its capital ratio fall below the Basel III requirements. It mentions that the RBI has two choices in addressing the said problems either to support the UBI or bailout the bondholders. It also discusses the implications of failing from the Basel III requirements according to the Fitch Ratings