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About Basel norms:
Basel – I:
Basel – II: In response to the banking crises of the 1990s and the aforementioned criticisms of Basel - I, the Basel Committee decided in 1999 to propose a new, more comprehensive capital adequacy accord. This accord, known formally as A Revised Framework on International Convergence of Capital Measurement and Capital Standards and informally as “Basel II”. There are three pillars of Base –II:
Basel - III:
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