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BW Businessworld

Basel Panel says Indian Banks 'Largely Compliant' On Liquidity Standards

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 A Basel committee has assessed Indian banks' liquidity coverage ratio requirements as 'largely compliant' with the minimum prescribed standards, the Reserve Bank of India said in a circular on Tuesday.
 
The Basel Committee on Banking Supervision has published the assessment reports on its website on the implementation of liquidity coverage ratio and other risk-based capital framework for its member countries.
 
Liquidity coverage ratio is one of the new capital measures under Basel III which require banks to maintain highly-liquid assets to meet any short-term outflow.


(Reuters)


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