Capital requirements under Basel III and the work before the next Finance Commission --- today’s reading
T T Ram Mohan: Basel III capital norms, which bankers oppose, are beneficial for both banks and the economy.
Rathin Roy lays out the political challenges before the 16th Finance Commission, given that the central government has become more authoritarian in its dealings with states.
Volatility in the markets will continue well into next year, says the first edit. And the second edit says what needs to be done to step up climate financing and the role the private sector needs to play.