Interview with BIS General Manager Malcolm Knight

- Central Banking staff
- 29 Sep 2003

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In an interview conducted 25 September Bank for International Settlements general manager Malcolm Knight said "It would be likely that Basel II would assign India a sovereign risk weight of 50 percent instead of the 100 percent it receives under the existing Basel Capital Accord". He also said Indian banks have in recent years stepped up efforts to cut non-performing assets, or bad loans, without affecting the stability of the financial system.

First published by Reuters, 26 September.

India's

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