Laws and sections by number or title, due dates, pages, and updates.
The Reserve Bank of India updates the Master Circular on Basel III Capital Regulations for scheduled commercial banks. The circular consolidates prudential guidelines on capital adequacy issued up to the current date. Small finance banks and payments banks follow their specific licensing and operating guidelines for capital adequacy. Regional rural banks do not fall under the scope of this circular.
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RBI/2023-24/31 DOR.CAP.REC.15/21.06.201/2023-24 May 12, 2023
All Scheduled Commercial Banks (Excluding Small Finance Banks, Payments Banks and Regional Rural Banks)
Madam / Dear Sir,
Master Circular – Basel III Capital Regulations
Please refer to the Master Circular No. DOR.CAP.REC.3/21.06.201/2022-23 dated April 1, 2022, consolidating therein the prudential guidelines on Basel III capital adequacy issued to banks till that date.
The instructions contained in the aforesaid Master Circular have been suitably updated / amended by incorporating relevant guidelines, issued as on date. A list of circulars consolidated in this Master Circular is contained in Annex 26.
Small Finance Banks and Payments Banks may refer to their respective licensing guidelines and operating guidelines issued by Reserve Bank, for prudential guidelines on capital adequacy.
Yours faithfully,
(Usha Janakiraman) Chief General Manager
Encl.: As above
