Indian banks well capitalised, no reason to worry: CEA Krishnamurthy Subramanian3 min read . Updated: 08 Mar 2020, 05:47 PM IST
- The CEA said that no banking sector experts or regulators use deposit/m-cap ratio as a measure to gauge resilience of banks
- Krishnamurthy Subramanian said that it is a wrong method to assess a lender's health based on the ratio of deposit to m-cap (market capitalisation)
NEW DELHI : Allaying concerns over banking sector health in the wake of Yes Bank fiasco, Chief Economic Adviser Krishnamurthy Subramanian on Sunday said Indian banks are well capitalised and there is no reason to worry.
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