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.
It is generally accepted that common equity should be the predominant part of Tier 1 capital i.e. 50 per cent. BIS central bankers’ speeches  9  3  10  On top of internal accruals. BIS central bankers’ speeches  4  There is no direct prescription for minimum common equity.