Implementation of Basel accords in India

Abstract

The purpose of this master thesis is to understand how successfully Basel 3 was implemented in India. The literature highlights the historic issue of how markets became global but regulation and supervision for banks still remained local. This created the problem of a level playing field and required an intervention for standardized international banking regulations. Which led to the formation of the BASEL accords. The study explores how the the Basel accords evolved over the years to make the banking system more resilient and stable. This study looks at the implementation process of these accords in India to add to the existing literature. Thematic analysis is used to understand themes from the 12 semistructured interviews. To check the robustness of the process the study explores 3 major themes to check Was the implementation successful. 1) Comparison of perceived benefits vs actual situation, 2) Addressing older risks while also talking about how to mitigate new risks and 3) The economic impact. This would give the reader a comprehensive outlook of how successfully the Basel implementation was in India.

Date of Award	23 Oct 2023
Original language	English
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Pedro Parada (Supervisor)