Regulator: RBI

Guidelines issued: April 2007 (see link http://rbidocs.rbi.org.in/rdocs/content/PDFs/77065.pdf)

Approaches allowed:
Credit risk: Standardised
OpR: BIA
Mkt risk: Standardised Duration approach

Implementation dates: March 31, 2008 for “internationally active banks” – several major banks will be covered. Other commercial banks are also encouraged to move from Basel I to Basel II at the same time, latest March 31, 2009.

Prudential floor: 100%, 90% and 80% in first year, second year and third year of implementation, respectively.

Minimum capital ratio: 9% (capital to risk-weigthed assets). Tier I ratio has to be at least 6%.

Advanced approaches: The regulator states “..a separate communication in this regard will be issued to banks at a later date..”.

I invite bankers from all countries to describe implementation status of your respective countries in a similar manner.