Banking stocks have broadly reacted positively to the strict capital norms under the Basel regulations put in place for domestic banks over 18 years, starting October 1998, according to RBI Norms.
- Vedanta Outlook for the Week (May 06, 2024 – May 10, 2024)
- Tata Steel Outlook for the Week (May 06, 2024 – May 10, 2024)
- PFC Outlook for the Week (May 06, 2024 – May 10, 2024)
- Piramal Enterprises Outlook for the Week (May 06, 2024 – May 10, 2024)
- MANAPPURAM Outlook for the Week (May 06, 2024 – May 10, 2024)
The Basel capital regulations were implemented for the domestic banks in six phases from October 1998 to March 2016. These were put in place to align domestic norms with global regulations.
According to RBI, domestic banking stocks declined only during two of the six phases of implementing the Basel norms.