Reserve Bank of India(RBI) cuts Repo Rate by 25 basis point. RBI has cut down Repo Rate by 25 basis points to 7.75 percent from 8 percent. RBI has unchanged Cash Reserve Ratio and kept it at 4.0 per cent of net demand and time liabilities (NDTL) while the Reverse Repo Rate has been adjusted to 6.75 per cent. Marginal standing facility (MSF) rate … [Read more...] about Economics Current Affairs – 09 January – 16 January, 2015
Economics
Basel Accords And Bank Capitals
The Basel Accords are the set of rules or agreements by Basel Committee on Bank Supervision (BCBS). It provides recommendations on banking regulation in regards to : 1) Capital Risk, 2) Market Risk, 3) Operational Risk. The purpose of the accords is to ensure that the financial institution has enough capital on account to meet obligations and … [Read more...] about Basel Accords And Bank Capitals
Economics Current Affairs – 01 January – 08 January, 2015
RBI to revise leverage ratio for banks from April 1, 2015 The Reserve Bank of India revised Leverage Ratio under Basel III norms for banks. The revised rates will be implemented from April 1, 2015.The leverage ratio (for banks) under the Basel III is defined as their capital measure divided by their exposure measure, with this ratio expressed … [Read more...] about Economics Current Affairs – 01 January – 08 January, 2015