Indian Central Bank: migration to Basel II by next spring

India's central bank gives deadlines for Basel compliance

Indian banks with foreign branches and foreign banks operating in India will have to migrate to Basel II by the end of March next year, according to the central bank, the Reserve Bank of India. Other commercial banks have one more year to comply. The only exclusions are set to be local area banks and regional rural banks. All other commercial banks, excluding local area banks and regional rural banks, have to adopt Basel II norms no later than March 31, 2009, it added.

The Reserve Bank has been

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

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 individual account here