TNPSC Thervupettagam

Countercyclical Capital Buffers (CCyB)

April 4 , 2020 1831 days 932 0
  • Reserve Bank has deferred implementation of countercyclical capital buffers (CCyB).
  • The countercyclical capital buffer is intended to protect the banking sector against losses that could be caused by cyclical systemic risks increasing in the economy.
  • The rule was first introduced in Basel III norms.
  • Basel III is a voluntary set of measures agreed upon by central banks all around the world.
  • These measures were drafted by the Bank of International Settlements’ Basel Committee on Banking Supervision in response to the financial crisis of 2007-09, in order to strengthen regulation of banks and fight risks within the financial system.

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