The Reserve Bank of India on Friday published draft guidelines for minimum capital requirements for market risk - under Basel III framework It proposes to impose a slew of curbs on a bank's trading and banking books and steeply increasing the penalties and provisioning ratios. The regulator said the move is part of converging the Reserve Bank regulations with Basel III standards. The central bank has sought comments from both stakeholders and public by April 15. The final guidelines, aft...
