Tag: RCAP

According to the findings of the Basel Committee on Banking Supervision (BCBS),Reserve Bank of India’s(RBI) norms on large exposures(LEX) for banks are compliant with the Basel requirements. The assessment was conducted by the Regulatory Consistency Assessment Programme(RCAP). The assessment focused on the completeness and consistency of the domestic regulations enforced by RBI on commercial banks… Continue reading India has stricter regulatory norms: Basel