RBI Releases Directions for All India Financial Institutions Regarding Basel III Capital Framework, Exposure Norms, etc.

  • Blog|News|FEMA & Banking|
  • < 1 minute
  • By Chetan Kulasri
  • |
  • Last Updated on 23 September, 2023

All India Financial Institutions

Circular No. RBI/DoR/2023-24/105 DoR.FIN.REC.40/01.02.000/2023-24 & Press Release No. 2023-2024/959, Dated: 21.09.2023

The RBI has released the RBI (Prudential Regulations on Basel III Capital Framework, Exposure Norms, Significant Investments, Classification, Valuation and Operation of Investment Portfolio Norms and Resource Raising Norms for All India Financial Institutions) Directions, 2023.

These directions shall be applicable to the five All India Financial Institutions (AIFIs) viz., EXIM Bank, NABARD, NABFID, NHB and SIDBI. The Directions shall be applicable w.e.f. 01.04.2024.

Click Here To Read The Full Circular

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Leave a Reply

Your email address will not be published. Required fields are marked *

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com