PHOTO
A security personnel stands guard in front of the gate of the State Bank of India (SBI) regional office in Kolkata May 23, 2014. SBI, the nation's top lender, reported its fifth consecutive quarter of declining profit as slower loan growth and a rise in bad loans take a toll on Indian lenders. REUTERS/Rupak de Chowdhuri (INDIA - Tags: BUSINESS) - RTR3QI4N
India's largest lender State Bank of India expects minimal impact on its capital ratios from the tighter rules imposed by the central bank for personal loans, its chairman told Reuters in a phone interview.
The impact of the increased risk weight on personal loans, including credit cards, will be 55-60 basis points, Dinesh Kumar Khara said on Friday.
(Reporting by Ira Dugal; Editing by Nivedita Bhattacharjee)