while banks well-capitalised to manage impact on CRAR, Care Edge Ratings said. Banks and larger NBFCs could witness a partial slow down, while Fintechs which operate in the comparatively higher yield segment too would likely see an impact on growth, the impact on margin would not be similar. Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India, said in a report that the immediate impact of the enhanced risk weights is the excess capital now that banks would require. As per our calculation, the banking industry needs Rs 84,000 crore of excess capital 5 per cent increase on Rs 15.2 trillion capital requirement of banking system approx /55-60 bps increase in CRAR due to these regulatory measures. Secondly, the RBI circular impacts consumer loans in general but excluding housing loans, education loans, vehicle loans and loans secured by gold and gold jewellery. Filtering out the exclusions, the trends in consumer credit shows that it was growing at 25 per cent plus since May 2022. The share of these loans impacted by RBI circular (Rs 14.8 lakh crore) to total outstanding loan (Rs 151.5 lakh crore) is only around 9.8 per cent in September'23. The impacted portion of the personal loans category is only 31 per cent of the total personal loans (Rs 48.3 lakh crore), Ghosh said. (Sanjeev Sharma can be reached at Sanjeev.s@ians.in) /IANS