MUMBAI: After comparing its guidelines with that of Basel II – advanced approaches of operational risks, the Reserve Bank of India revised certain norms in two of its earlier circulars. To its Mar 31, 2010, circular regarding calculating capital charge for operation risk, the RBI added few norms including that banks migrating to the standardised approach for calculation of operational risks are required to perform calculations of capital as per basic indicator approach as well.
Operational risk: RBI tweaks Basel II norms
RECENT STORIES
Gold Prices Soar To New Heights Amidst Increasing Global Uncertainties
Silver Futures Sees Biggest Intraday Correction, Dropping 16,715 Points Before Closing With Modest...
Chief Minister Rekha Gupta Disburses ₹738 Crore In GST Refund To City Traders
Discipline Over Luck: Why Saugata Chatterjee Believes Consistent Investing Builds Lasting Wealth
Country's Leading Retailer Reliance Expands To More Than 1,000 Cities, Across 5,000 Pin Code Areas
