MACRO STRESS TESTS conducted for ascertaining the credit risk on the loan books of banks' show that lenders will stay compliant with minimum capital regulatory norms, even in the case of extreme stress in the system, Reserve Bank of India (RBI) governor Shaktikanta Das said on Thursday. According to RBI norms, banks must maintain a minimum capital adequacy ratio of at least 9% or above.
The governor said for a bank to be financially resilient, it should have adequate capital buffers and be able to generate earnings even in times of severe macroeconomic shocks. Banks should also have adequate liquidity to meet its obligations in various situations.
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