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Master Circular Basel III Capital Regulations

RBI/2013-14/70
DBOD.No.BP.BC. 2/21.06.201/2013-14

July 1, 2013

All Scheduled Commercial Banks
(Excluding Local Area Banks
and Regional Rural Banks)

Madam / Sir,

Master Circular Basel III Capital Regulations

Please refer to the Master Circular No.DBOD.BP.BC.16/21.06.001/2012-13 dated July 2, 2012, consolidating therein the prudential guidelines issued to banks till that date on Capital Adequacy and Market Discipline – New Capital Adequacy Framework (NCAF).

2. As you are aware, Basel III Capital Regulations is being implemented in India with effect from April 1, 2013 in a phased manner. Accordingly, instructions contained in the aforesaid Master Circular have been suitably updated / amended by incorporating relevant guidelines, issued up to June 30, 2013 and is being issued as Master Circular on ˜Basel III Capital Regulations™.

3. The Basel II guidelines as contained in the Master Circular DBOD.No.BP.BC.9/21.06.001/2013-14 dated July 1, 2013 on ˜Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF)™ may, however, be referred to during the Basel III transition period for regulatory adjustments / deductions up to March 31, 2017.

Yours faithfully,

(Chandan Sinha)
Principal Chief General Manager

Encl.:  As above

Click here to download Master Circular

Tags: BankBaselBasel IIIGeneral managerIndiaMarket Discipline- New Capital Adequacy FrameworkNCAFPrincipal Chiefs of the Cherokee

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