What I am certain of though is that effective implementation of Basel III is going to make Indian banks more strong, stable and sound so that they can deliver value to the real sectors of the economy. 62.
On that note, I wish this conference every success as it deliberates on the role of India’s banks in furthering our national aspiration of double digit growth. 8  BIS central bankers’ speeches  2  Basel II does not explicitly prescribe a minimum common equity Tier 1 capital.