Indian banks call for additional Basel II guidance

Indian banks have called on their regulator, the Reserve Bank of India (RBI), to provide adequate guidance for the implementation of the new Basel Framework for Minimum Capital Requirements, also known as Basel II, according to a survey by the Federation of India Chambers of Commerce and Industry (FICCI) released on August 9, 2005.

FICCI has a nationwide membership of over 1,500 corporates and over 500 chambers of commerce and business associations, and espouses the shared vision of Indian businesses.

"RBI should lay down norms on the application of the advanced techniques for risk measurement by banks. Commercial banks need regulatory support on operational risk management, identifying and appointing an appropriate outside credit rating agency and building a strong internal credit rating mechanism.


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