2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Canara Bank
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Bank of Baroda
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Dena Bank
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State Bank of India
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Detailed explanation-1: -RBI issued draft guidelines for implementation of the proposed Basel III capital regulations. 4. RBI announcement to adopt stricter measures of Basel III framework governing improved risk management systems in banks.
Detailed explanation-2: -Basel 3 is a set of international banking regulations developed by the Bank for International Settlements in order to promote stability in the international financial system.
Detailed explanation-3: -Basel III is an internationally agreed set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-09. The measures aim to strengthen the regulation, supervision and risk management of banks.
Detailed explanation-4: -These reforms are due to take effect from 1 January 2023, as announced by the Governors and Heads of Supervision in March 2020.