Indian banks not affected by subprime - RBI deputy

Last updated: 13 September 2007

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Indian banks are not affected by the U.S. subprime crisis and are largely on course to meet the Basel-II guidelines by March 2008, the central bank's deputy governor, V. Leeladhar, said on Thursday."By and large Indian banks are not affected by the subprime crisis," he told reporters.The Basel II no

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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