RBI/2013-14/70
DBOD.No.BP.BC. 2/21.06.201/2013-14
July 1, 2013
All Scheduled Commercial Banks
(Excluding Local Area Banks
and Regional Rural Banks)
Madam / Sir,
Master Circular – Basel III Capital Regulations
Please refer to the Master Circular No.DBOD.BP.BC.16/21.06.001/2012-13 dated
July 2, 2012, consolidating therein the prudential guidelines issued to banks
till that date on Capital Adequacy and Market Discipline - New Capital Adequacy
Framework (NCAF).
- As you are aware, Basel III Capital Regulations is being implemented in India
with effect from April 1, 2013 in a phased manner. Accordingly, instructions
contained in the aforesaid Master Circular have been suitably updated / amended
by incorporating relevant guidelines, issued up to June 30, 2013 and is being
issued as Master Circular on ‘Basel III Capital Regulations’.
- The Basel II guidelines as contained in the Master Circular
DBOD.No.BP.BC.9/21.06.001/2013-14 dated July 1, 2013 on ‘Prudential Guidelines
on Capital Adequacy and Market Discipline- New Capital Adequacy Framework
(NCAF)’ may, however, be referred to during the Basel III transition period for
regulatory adjustments / deductions up to March 31, 2017.
Yours faithfully,
(Chandan Sinha)
Principal Chief General Manager
Encl.: As above