Operational risk Operational risk was one area which was expected to increase capital requirement for the banks. The Reserve Bank had announced in July 2004 that banks in India will be adopting the Basic Indicator Approach for operational risk.
Peter Praet: Europe’s economic recovery and implications for monetary policy Remarks by Mr Peter Praet, Member of the Executive Board of the European Central Bank, at the International Conference of Commercial Bank Economists (ICCBE) in France, Paris, 6 July 2017.