A RBI report has said that state-run banks will require up to 5.87 trillion rupees in core capital by March 2018 as they migrate to the capital intensive Basel-III framework.The panel on 'Governance of Boards of Banks' headed by former AxisBank chairman PJ Nayak said that the government may have to arrange 3.50 trillion rupees of this requirement.The report further says that capital needs of public sector banks, increasing because of loan loss provisions, could begin to affect the fiscal health unless an overhaul of bank governance can lead to better management of public sector banks.The Basel-III norms were evolved after close consultation between the global central banks, following the global financial crisis of 2008. The Reserve Bank introduced the Basel III capital regulations for banks effective April 1 this year.Meanwhile, the panel has also expressed the need for bank licensing regime to move to a uniform mode.The report states that such a licensing regime should also involve uniform investment limits across investor categories, irrespective of ownership.