Basel II: GK, General Studies and Current Affairs

Banks may need 5 lakh crore towards Basel III

In the wake of Basel III capital regulations declared by the RBI, the Indian banks would require Rs 3,90,000-5,00,000 crore capital over the next 6 years. As per initial estimates by bankers and rating agencies, out of this , the need for common equity would be Rs 1,30,000-2,00,000 crore, additional Tier-I capital of Rs 1,90,000 ..

Current Affairs: November 29, 2011

Presidency University declared CIC Centre declared the prestigious Presidency University the first Cluster Innovation Centre in eastern India. The National Innovation Council has envisaged Cluster Innovation Centres (CIC) as focal points to promote innovation in and around the university system. These innovation centres are expected to function as independent bodies inside the university and facilitate ..

Abbreviations B

BC Business Correspondence BCBS Basel Committee on Banking SupervisionBCP Business Continuity Planning ProcessBCP Basel Core PrinciplesBCSBI Banking Codes and Standards Boards of IndiaBF Banking FacilitatorBFS Board for Financial SupervisionBIA Basic Indicator ApproachBIFR Board for Industrial and Financial ReconstructionBIS Bank for International SettlementsBLA Bond Ledger AccountBO Banking OmbudsmanBoP Balance of PaymentsBOS Banking Ombudsman SchemeBPLR Benchmark Prime ..