Saturday 2 July 2016

BASEL III: A FRAMEWORK FOR STRONG AND RESILIENT INDIAN BANKING SYSTEM. - .

In the last two decades there has been a remarkable change in the functioning of the banks. Technological changes, Liberalization since 1990 have introduced contemporary and complex financial instruments. Due to this the sales has raised in the financial markets and has resulted in the different types of risks in the banking sector. In the recent years many financial crisis have raised a particular challenge for the central banks in different countries. Basel Committee of Banking Supervision has taken various steps to face these challenges by introducing Basel I and Basel by making the global banking sector more resilient. But the late 2000 financial crisis in US highlighted the loopholes in the Basel II framework in making the banking sector more stable and sound. Therefore the Basel III norms were introduced by the Bank for International Settlements. The Basel guidelines has been drafted by the Bank for International Settlements in agreement with the regulatory authorities of the global banking sector in fifteen developing countries with the main aim of prescribing codes of banking supervision and enhancing financial stability. This research paper analyzes whether Basel III norms are required for the strong and stable resilient banking sector in India. For this purpose some of the important facts have been examined like the significant elements of the Basel III norms, time-line for the implementation of these norms in India, Basel III banking norms in the Indian Banking System with the Implications of these norms on the Indian Banking System. - See more at

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