Guidelines for Basel-III Capital Requirement Norms
PrintListen to this Article
The Reserve Bank of India (RBI) released the final guidelines on Implementation of Basel III Capital Regulations in India on May 2, 2012 which are available at RBI website www.rbi.org.in. RBI has informed that Basel III will be implemented in India over a sufficiently long transition period to avoid any unintended consequences on growth and lending activities of banks.
The quantum of capital that would be required by Indian banks due to implementation of Basel III capital standards depends on numerous factors such as actual economic growth in the real sector, growth in the Risk Weighted Assets of the banks, profitability of banks and extent of retained earning, level of non-performing assets, growth in capital markets, investors risk appetite and their confidence in the banking system etc.
This was stated by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Rajya Sabha today.
Category : Finance | Comments : 0 | Hits : 380
Today, Finance Minister Nirmala Sitharaman presented the 16th Finance Commission report in the Lok Sabha, outlining recommendations for the devolution of tax revenues between the Centre and the states...
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Terms of Reference for the Sixteenth Finance Commission. The Terms of Reference for the Sixteenth Finance Comm...
Finance Act, 2023 – Assented by President
Finance Act, 2023 received the assent of the President on the 31st March, 2023. Finance Bill, 2023 receives President's assent on Mar 31, 2023 and now its Finance Act, 2023. The Financ...
Comments