Basel III
ØIn the implementation of Basel III guidelines we have adopted a cautious approach inasmuch as the minimum capital requirement has been kept at 1 percentage point higher than that stipulated under Basel III to address the possible inadequacies in the capital allocation process and also the model risks in banks.
ØThe implementation schedule is also marginally advanced by 9 months to be complied by March 31, 2018 against the Basel requirement of January 01, 2019.
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