INDIAN BANKING AND ROLE OF RESERVE BANK OF INDIA

The banking system will have to implement Basel III guidelines as per the directive of the Reserve Bank of India to make it a stronger sector but it is delayed for couple of years. Some of the key measures of this include creating firm measures to make it foolproof of systematic risks, stringent timelines, ongoing improvement of quality and quantity of capital, liquidity risk management, value-based practices, solid mechanism, disclosures for total transparency and reduction of systematic risk in derivative retail and wholesale banking. After the reading the research article one can better understand about Indian current and future banking scenario. Aslo control of Reserve Bank of Indian in Banking and Non-Banking sector very effectively