March 20, 2007 DBOD.No.BP. 1151/21.06.001/2006-07
The Chairman / Chief Executive Officer,
All Commercial Banks
(excluding
LABs & RRBs) Dear
Sir, Prudential Guidelines on Capital Adequacy and Market
Discipline –
Implementation of the New Capital Adequacy Framework Please
refer to our letter DBOD.No.BP.1163/
21.04.118/ 2005-06 dated February 15, 2005 forwarding the draft guidelines
for implementation of the New Capital Adequacy Framework and inviting feedback
from banks. The feedback received from a wide spectrum of banks and other stakeholders
have been examined and the draft guidelines, which have been suitably revised,
are furnished as an Annex to this letter. Second
consultation period 2. In view of the importance of
the proposed guidelines it has been decided to provide one more opportunity to
banks and other stake holders to offer their feedback / comments. Accordingly,
the revised draft
guidelines on implementation of the New Capital Adequacy Framework furnished
in the Annex will be now open for a second round of consultation for a period
of three weeks from the date on this letter. The revised draft guidelines are
also placed on the website for wider access and feedback. Comments / feedback,
if any, may please be addressed to the undersigned at the following address and
may also be emailed
without fail. The Chief General
Manager-in-Charge
Department of Banking Operations & Development
Reserve
Bank of India,
12th Floor, Central Office Building,
Shahid Bhagat
Singh Marg, Fort,
Mumbai – 400 001
Fax: +91-22-22705691 Since
the comments / suggestions received on the first draft issued in February 2005
have already been considered, banks may not repeat the same during this round
of consultation. Yours faithfully, [Prashant
Saran]
Chief General Manager-in-Charge |