Nachane, D M and Ray, Partha and Ghosh, Saibal (2004): The New Basel Capital Accord: A Primer with an Indian Focus. Published in: Journal of the Indian School of Political Economy , Vol. 16, No. 4 (October 2004): pp. 589-622.
Download (283Kb) | Preview
The article examines the pros and cons of the implementation of Basel II in India and contextually, conducts an empirical exercise to examine the impact of capital requirements on the Indian banking system
|Item Type:||MPRA Paper|
|Original Title:||The New Basel Capital Accord: A Primer with an Indian Focus|
|Keywords:||Basel accord; banknig; India|
|Subjects:||G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages|
|Depositing User:||Saibal Ghosh|
|Date Deposited:||19. Sep 2009 17:08|
|Last Modified:||18. Feb 2013 08:41|
Alfriend, M. (1988): “International Risk-based Capital Standard: History and Explanation”, Economic Review, Federal Reserve Bank of Richmond, 74, 28-34. `
Altman, Edward I., and Anthony Saunders (2001): “An Analysis and Critique of the BIS Proposal on Capital Adequacy and Ratings”, Journal of Banking and Finance, 25, pp. 25-46.
Bank for International Settlements (1988): International Convergence of Capital Measurement and Capital Standards, BIS, Basel.
Bank for International Settlements (1997): Core Principles for Effective Banking Supervision, BIS, Basel.
Bank for International Settlements (1999): “Capital Requirements and Bank Behaviour: The Impact of the Basel Accord’, BIS Working Paper No. 1, BIS, Basel.
Bank for International Settlements (2001): Consultative Document – Overview of the New Basel Capital Accord.
Bank for International Settlements (2003): The New Basel Capital Accord, April, BIS, Basel.
Bank for International Settlements, (2004): Basel II: International Convergence of Capital Measurement and Capital Standards: A Revised Framework, June, BIS: Basel.
Caruana, Jaime, (2004): “Announcement of Basel II”. Remarks at the Press Conference announcing the Publication of Basel II, BIS: Basel.
Caprio, Gerard and Patrick Honohan (1999): “Restoring Banking Stability: Beyond Supervised Capital Requirements”, Journal of Economic Perspectives, 4, pp.43-64.
Chen, J (2002): “Basel Accord and Macroeconomic Activity”, (at www.uibk.ac)
Danielsson, J., P.Embretchs, C.Goodhart, C.Keating, F.Muennich, O.Renault and F.Song Shin (2001): “An Academic Response to Basel II”, Financial Markets Group, Special Paper No.130, London School of Economics.
European Central Bank (2001): “The New Basel Capital Accord: Comments”, (www.bis.org).
Fleming, Stephen (1999): “Disarming Bank Credit Risk”, Institutional Investor, August.
Gordy, Matt (2003): “A risk-factor model foundation for ratings-based bank capital rules”, Journal of Financial Intermediation, Volume 2003, pp. 199-232.
Goodhart, Charles., Philip Hartmann, David Llewellyn, Liliana Rojas-Suarez and Susan Weisbrod (1998): Financial Regulation: Why, How and Where Now? London and New York, Routledge.
Ghosh, Saibal and Dilip M.Nachane (2003): “Are Basel Capital Standards Pro-cyclical: Some Empirical Evidence from India”, Economic and Political Weekly, Special Issue in Money, Banking and Finance, January.
Goldstein, Morris., Graciela Kaminsky and Carmen Reinhart (2000): Assessing Financial Vulnerability: An Early Warning System for Emerging Markets, Institute for International Economics: Washington DC.
Griffith-Jones, S., and S. Spratt (2001): “Will the proposed New Basel Accord have a net negative effect on developing countries?”, University of Sussex (mimeo).
Hammes, W. and M. Shapiro (2001): “The Implications of the New Capital Adequacy Rules for Portfolio Management of Credit Assets”, Journal of Banking and Finance, 25(1), pp.97-114.
Hayes, Simon, and Victoria Saporta (2002): “The Impact of Supply of Capital to Emerging Market Economies”, Financial Stability Review, Bank of England.
Hellmann, Thomas., Kevin Murdock and Joseph .E.Stiglitz (2000): “Liberalisation, Moral Hazard in Banking and Prudential Regulation: Are Capital Requirements Enough?”, American Economic Review, 90 (3), pp.147-165.
Jackson, Patricia (2001): “Bank Capital Standards: The New Basel Accord”, Bank of England Quarterly Review, Spring, pp. 55-63.
Jalan, Bimal (2002): “Indian Banking and Finance: Managing New Challenges”, RBI Bulletin, February.
Leeladhar, V (2005): “Basel II Accord and Its Implications”, RBI Bulletin, April, pp. 321-325.
Moody’s Investors Service (2001): “The New Basel Capital Accord”, Global Credit Research, January.
Nachane, Dilip M. (1999): ‘Capital Adequacy Ratios: An Agnostic Viewpoint’, Economic and Political Weekly, Special Nos. 3&4 on Money, Banking and Finance, January .
Nachane, D. M., P. Ray and S. Ghosh (2005): “The New Basel Capital Accord: Rationale, Design and Tentative Implications for India” in K. Parikh and R. Radhakrishna (eds.): India Development Report 2004-05, Delhi: Oxford University Press, pp. 171-190.
Nachane, Dilip M., Aditya Narain, Saibal Ghosh and Satyananda Sahoo (2001): Bank Response to Capital Requirements: Theory and Indian Evidence’, Economic and Political Weekly: Special Issue on Money, Banking and Finance, pp.329-335.
Narain, Aditya and Saibal Ghosh (2003): “Evolving International Supervisory Framework”, Economic and Political Weekly, pp.74-81.
Ray, Partha (2001): “The New Basel Capital Accord: Possible Implications for Developing Countries”, Paper presented at the Bank Economists’ Conference, Kolkata.
Reisen, Helmut (2001): “Will New Accord Contribute to Convergence in International Capital Flows”, OECD Development Centre, Paris.
Reserve Bank of India, Annual Report (various years): RBI, Mumbai.
Reserve Bank of India (2001): Comment of the Reserve Bank of India on the New Basel Capital Accord, RBI, Mumbai.
Reserve Bank of India (2003): “Comments of the Reserve Bank of India on the Third Consultative Document of the New Basel Capital Accord”, RBI: Mumbai.
Rojas-Suarez, Liliana (2001): “Can International Capital Standards Strengthen Banks in Emerging Markets”, Institute for International Economics, October.
Udeshi, Kishori .J.(2004): “Implementation of Basel II: An Indian Perspective”, Address delivered at the World Bank/IMF/US Federal Reserve Board 4th Annual International Seminar on Policy Challenges for the Financial Sector : Basel II at Washington DC.
Ward, Jonathan (2002): “The New Basel Capital Accord and its Implications for Developing Countries”, University of Cambridge, Working Paper No.4, Cambridge, UK.
Weder, Beatrice and Michael Wedow (2002): “Will New Accord Affect International Capital Flows to Emerging Markets”, OECD Technical Papers No. 199.
Williamson, John and Molly Mahar (1998): “A Survey of Financial Liberalisation”, Princeton Essays in International Finance No.211, Princeton, New Jersey.