Current Affairs :- March 2014
Among the important Banking Current Affairs, on 27th March 2014 RBI announced that it has extended the deadline for Indian banks to meet capital requirements under the so-called Basel III norms by a year to 31 March 2019. RBI offering relief to an industry burdened by bad loans in the face of slower economic growth.
As per RBI, In view of the implementation of Basel III Capital Regulations, banks need to improve and strengthen their capital planning processes.
What is Basel III ?
Basel III is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector.
Among the important Banking Current Affairs, on 27th March 2014 RBI announced that it has extended the deadline for Indian banks to meet capital requirements under the so-called Basel III norms by a year to 31 March 2019. RBI offering relief to an industry burdened by bad loans in the face of slower economic growth.
As per RBI, In view of the implementation of Basel III Capital Regulations, banks need to improve and strengthen their capital planning processes.
What is Basel III ?
Basel III is a comprehensive set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector.
No comments:
Post a Comment