Prudential Guidelines on Capital Adequacy and Market Discipline - Implementation of New Capital Adequacy Framework (NCAF) - Amendments - RBI - Reserve Bank of India
Prudential Guidelines on Capital Adequacy and Market Discipline - Implementation of New Capital Adequacy Framework (NCAF) - Amendments
RBI/2007-2008/270 March 31, 2008 The Chairman and Chief Executive Officer Dear Sir, Prudential Guidelines on Capital Adequacy and Market Discipline – Please refer to our circular DBOD.No.BP.BC.90/20.06.001/2006-07 dated April 27, 2007 on the captioned subject. The banks had also been advised to undertake a parallel run of the new capital adequacy framework (as per the draft guidelines of February 15, 2005) with a view to ensuring smooth transition to the Revised Framework. 2. In the light of clarifications sought by banks during the course of implementation of the parallel run of the NCAF, the guidelines have been reviewed, and it has been decided to effect certain amendments as detailed in the Annex. All other provisions of the April 27, 2007 circular, except to the extent modified as per the Annex, remain unchanged. The amendments will come into force with immediate effect. Yours faithfully, |