Journal Press India^®

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Basel norms are designed to ensure safety and stability of the banking system at an international level. The norms were introduced in 1988, known in the name of Basel I, which through subsequent and continuous modifications has now taken the shape of Basel III in 2010-2011.Indian banks being internationally active, are well preparing themselves to comply with the norms. The paper tries to revisit the Basel III requirements and analyses the preparedness of the Indian banks for meeting the same. It makes an attempt to critically understand the contribution of these norms towards economic growth of the country.

Keywords

Basel III, Capital Adequacy, Credit, Liquidity

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