Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / sudhanshu
Basel I is the round of deliberations by central bankers from around the world, and in 1988, the Basel Committee (BCBS) in Basel, Switzerland, published a set of minimal capital requirements for banks. This is also known as the 1988 Basel Accord, and was enforced by law in the Group of Ten (G-10) countries in 1992 . Basel I is now widely viewed as outmoded. Indeed, the world has changed as financial conglomerates, financial innovation and risk management have developed. Therefore, a more comprehensive set of guidelines, known as Basel II are in the process of implementation by several countries and new updates in response to the financial crisis commonly described as Basel III.
| Is This Answer Correct ? | 16 Yes | 4 No |
Post New Answer View All Answers
Is there any ethical dilemma that the banks face?
What Is The Transaction Approach And Balance Sheet Approach To Measuring Net Income?
What is 'equity capital'?
What is dcf?
How to reporton accounting procedures of any organization and what is the role of Indian GAAP in accounting procedures.
What is Black Market?
What are 'benami' transactions?
What is Company Limited by Guarantee?
What is funding?
What are the core banking applications?
How will your professional knowledge be helpful in the banking career?
What columns are there in a funds flow statement? What are the components of each column?
Will Donald Trump's Presidential Election affect the Indian economy?
What do you know about PPF Account? Do you have a PPF account?
What is capitalization?
