India's counter-cyclical buffer proposals a 'tax on banks'

Moves by the Reserve Bank of India (RBI) to implement a version of Basel III's counter-cyclical capital buffer (CCB) fail to address the real issues facing the domestic financial system

http://www.centralbanking.com/central-banking/news/2318739/indias-counter-cyclical-buffer-proposals-a-tax-on-banks

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