State banks' risk management robust: RBI

Reuters
Posted: 2008-10-06 15:40:56+05:30 IST
Updated: Oct 06, 2008 at 1540 hrs IST

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Indian private sector banks with an overseas presence will be affected to some extent by the global financial crisis, Reserve Bank of India Deputy Governor V.Leeladhar said on Monday.

The risk management systems of public sector banks are robust to deal with the crisis while those of private sector banks were "comparatively ok", he said.

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State banks' risk management robust: RBI

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