What is significant though is that notwithstanding the differences in projected outcomes, all studies agree that the benefits of a stronger and healthier financial system will be there for years to come. 41. The Reserve Bank has also made a preliminary assessment of the impact of increased capital requirements on our GDP growth path.
We will calibrate the phase in of the new standards to ensure that the sacrifice ratio is within acceptable limits. BIS Review 114/2010  7  Implementation of Basel III in India 42. Basel III reflects the lessons of the crisis, and I believe it is going to be quite game changing.