Basel Committee

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  Basel Committee Addresses Risks Around Permissionless Blockchains: Details

  n an official blog post, the Basel Committee on Banking Supervision (BCBS) clarified that its concern isn't with blockchains being public but rather with the fact that these networks are permissionless. The distributed governance model of permissionless blockchains is a significant source of concern for banking systems, according to the BCBS paper.

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  Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations

  The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...

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  Indian Fintech Firms Calls Basel Committee's Crypto Rules Transparency-Driven, Progressive

  Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.

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  Basel Committee of Banking Supervision Approves Crypto Asset Disclosure Framework for Banks

  The BCBS has given a green light to a ‘disclosure framework’ that will detail how the exposure of banks with crypto assets should go about. The disclosure framework by BCBS directs banks to maintain public records of their crypto engagements and their exposure to these risky assets.

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  EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks

  Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...

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  Robust Bank Capital Rules For Crypto Assets Due By Year End

  The global Basel Committee of banking regulators will complete work on "robust" rules.

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  Bank Of Baroda Raises Rs 920 Crore On Basel III-Compliant Bonds

  The bank also said the Capital Raising Committee (CRC) meeting of whole time Directors of the Bank is scheduled to be held on January 8 to consider raising capital funds through issue of capital debt instruments. The lender has issued and allotted unsecured rated listed subordinated non-convertible fully paid up redeemable Basel III compliant ti...

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  Basel Panel Says Banks 'Largely Compliant' on Liquidity Standards: RBI

  The Basel Committee on Banking Supervision has published the assessment reports on its website on the implementation of liquidity coverage ratio and other risk-based capital framework for its member countries.

• India's Banking Norms 'Rigorous' Than Basel Framework: Panel

  India's banking norms in certain aspects are more rigorous than what has been prescribed under the Basel III framework for capital adequacy, says a report.

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  RBI Issues Draft Basel III Guidelines on Liquidity Standards

  The Basel Committee on Banking Supervision issued the final rules on the NSFR in October 2014.

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  Revised Leverage Ratio For Banks from April: RBI

  The central bank said it would monitor individual banks against an indicative leverage ratio of 4.5 percent until the final rules prescribed by the Basel Committee by end-2017 are released.

• Global regulators ease rule curbing banks' exposures to customers

  Global regulators have eased a new rule limiting how much business a bank can undertake with a single customer, as they try to minimise the risk of fallout from a counterparty going bust without imposing excessive burdens on financial firms.

• SBI to raise Rs 2,000 crore from bonds

  The executive committee of the central board of the bank has approved allotment of Basel III compliant Tier 2 bonds of Rs 2,000 crore, SBI said in a filing to the BSE.

• Basel proposes cap to halve bank exposures

  A bank should limit its exposure to any other single bank at no more than 5 per cent of its capital base to ensure it can stay in business if the other lender defaults, global regulators proposed on Tuesday.

• Banks try to put past sins behind them at Davos

  Leaders of the world's largest banks have gone some way to persuading investors that their industry's near-death experience is over, even though the public still don't trust them.