The Bank for International Settlements (BIS) , Basel, Switzerland formed Basel committee to undertake a study on the banking systems and suggest standards for ensuring safety, liquidity, soundness and solvency in the system.
Basel III has been termed as a new set of standards to equip international banks to overcome any crisis by infusing extra capital and reserves during good times.
Basel III has been termed as a new set of standards to equip international banks to overcome any crisis by infusing extra capital and reserves during good times.
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