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what is BASEL accord and what are BASEL II norms
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Answer Posted / muthukumar. a
Basle1 concerned for credit risk mainly and market risk
aftermath. Basel2 stipulates compliance to other
risks.viz., interest rate risk, solvency risk, operational
risk etc., apart from the two risks stipulated in Basel1.
Moreover, in Basle1, the risk weightage of exposures of a
bank confined into 0%,10%,20%,50% and 100% only but Basle2
has risk weightage of 150% also.
| Is This Answer Correct ? | 9 Yes | 6 No |
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