Accordingly, the foreign banks operating in India and the Indian banks having operational presence outside India are required to migrate to the Standardised Approach for credit risk and the Basic Indicator Approach for operational risk with effect from March 31, 2008.
The rationale for the ECB’s monetary policy and its effects on the recovery A phase of active management of the size of our balance sheet and our monetary base, started once inflation fell below 1%, in the second half of 2013, and kept drifting down over the first semester of 2014.