Banking · Prudential Regulations and Basel Norms
The present status of the banking system in India is characterized by a high emphasis on strengthening regulatory capital and liquidity buffers in line with international standards. This is primarily reflected in the banks' ongoing adherence to:
- 1Narrow Banking guidelines for all major Public Sector Banks (PSBs).
- 2The recommendations of the Bimal Jalan Committee on capital adequacy.
- 3The earlier Basel I norms, which focused only on credit risk.
- 4Basel III Norms, focusing on Capital, Liquidity, and Leverage.✓
Correct answer
Basel III Norms, focusing on Capital, Liquidity, and Leverage.
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