RBI adopts Basel III standards for capital, liquidity

A worker cleans the stairs of the Reserve Bank of India (RBI) building in Kolkata December 18, 2013. REUTERS/Rupak De Chowdhuri/Files

MUMBAI (Reuters) - The Reserve Bank of India (RBI) announced late on Tuesday amendments to regulations on capital adequacy and liquidity for lenders operating in the country, in order to more closely align them with the standards set by Basel III rules. The RBI said all changes would be applicable from Wednesday. For full list of amendements see: http://bit.ly/1NGT2rG (Reporting by Rafael Nam; Editing by Sunil Nair)