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Basel-III capital framework
September 27 , 2023
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- The RBI has introduced norms on the Basel III capital framework to All India Financial Institutions (AIFIs).
- This will include fund raising, exposure guidelines, and norms on classification and valuation of investment portfolios.
- It will come into effect from April 2024.
- Basel-III standards mainly seek to raise the quality and level of capital to ensure that financial entities are better able to absorb losses.
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