It also shows how dangerous the crisis is if it leads to parties from the far ends of the political spectrum bearing responsibility which have no experience of government or of how Europe works. This then requires a period of adaptation in a phase when there is no time.
The Reserve bank has made some quick estimates based on the following two conservative assumptions covering the period to March 31, 2018: (i) risk weighted assets of individual banks will increase by 20 per cent per annum; and (ii) internal accruals will be of the order of 1 per cent of risk weighted assets. 24.