Key Indian banks implement Basel II ahead of time

The State Bank of India (SBI) has announced that it and seven associated banks intend to implement Basel II standards by September of this year. SBI has until March of next year and the others until March 2009 to implement Basel II, according to the process that the Reserve Bank of India (RBI) has set up and is managing. The idea behind anticipating the regulation is to burnish SBI’s image as a global player while for some of the associate banks, it will help them launch IPOs. The State Bank

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: