The Reserve Bank of India (RBI) on February 15, 2023, issued Draft Guidelines on Minimum Capital Requirements for Market Risk – under Basel III
‘Draft Guidelines for Minimum Capital Requirements for Market Risk’ for comments of stakeholders and members of the public. These guidelines shall be applicable to all Commercial Banks (excluding Local Area Banks, Payments Banks, Regional Rural Banks, and Small Finance Banks) and shall come into effect from April 1, 2024. These guidelines are not applicable to Co-operative Banks (i.e., Urban Co-operative Banks, State Co-operative Banks, and Central Co-operative Banks).
The comments on the draft guidelines from all stakeholders may be sent by email with the subject line “Comments on Draft Guidelines on Minimum Capital Requirements for Market Risk” by April 15, 2023.
[Notification No. 2022-2023/1745]
