In this regard, the Basel Committee has suggested that some countries might only use the counter-cyclical capital buffer once every 10 to 20 years when faced with exceptionally strong credit growth. We think this is a useful perspective.
With these words, I once again extend a warm welcome to the Hon’ble Finance Minister and to each one of you and seek your blessings for the success of this project. Thank you. 1  2  http://www.tribuneindia.com/50yrs/pranab.htm. BIS Review 35/2010