Domestic and International Credit Rating Agencies

With  a  view  to  match  the global capital measures and capital standards prescribed by the  Basel Committee  on  Banking  Supervision  (BCBS)  framework, Reserve  Bank  of  India   introduced  a  risk  asset  ratio  system  for  banks  (including  foreign  banks)  in  India  as  a  capital  adequacy  measure. The Basel code  on  capital  adequacy   stipulates how much capital a…