Implementation of the New Capital Adequacy Framework (NCAF)
RBI/2009-10/118
DBOD.No.BP.BC. 29 / 21.06.001 / 2009-10
August 12, 2009
All Commercial Banks
(excluding Local Area Banks and Regional Rural Banks)
Dear Sir,
Prudential Guidelines on Capital Adequacy and Market Discipline –
Implementation of the New Capital Adequacy Framework (NCAF)
Please refer to our Master Circular DBOD.No.BP.BC.21 / 21.06.001 / 2009-10 dated July 1, 2009 on the captioned subject.
2. In terms of instructions contained vide paragraph 10.7 and 11.3.4 therein, banks have been advised to furnish a copy of the ‘Internal Capital Adequacy Assessment Process’ (ICAAP) document to the Chief General Manager-in-Charge, Department of Banking Supervision, Reserve Bank of India, World Trade Centre, Centre - 1, Colaba, Cuffe Parade, Mumbai – 400005 by the end of March every year.
3. On a review, it has been decided that banks may submit their ICAAP document latest by the end of first quarter (i.e April – June) of the relevant financial year.
Yours faithfully,
(B Mahapatra)
Chief General Manager
CAclubindia
jyoti
Published in Community & General