Source: Todays Indian Express.
As per BASEL III norms, Indian banks had to achieve the capital requirement earlier by 1st April 2021 has now been postponed to Oct. 1st 2021.
Out of the total capital requirement of 11.5% under BASEL III norm, 2.5% is Capital Conservation Buffer and out of this 2.5% , just 0.625% has still not been made effective which the banks are required to do now by 1st Oct 2021.
To understand Capital Conservation Buffer, pls see this link
https://t.me/VivekSingh_Economy/2522
