what is BASEL accord and what are BASEL II norms
Answer Posted / neha
BCBS (Basel commitee on Banking Supervision) has kept some
restrictions on bank for the maintainance of minimum capital
with them to esure level playing field. Basel-I keeps this
limit same for all regardless of their risk profiles that
means "one size fit all" approach.
Basel-II has got three pillars:
Pillar 1- Minimum capital req. based on the risk profile of bank
Pillar 2- Supervisory review of banks by RBI if they go for
internal ranking
Pillar 3- Market discipline
Is This Answer Correct ? | 137 Yes | 22 No |
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