Banking stocks have broadly reacted positively to the strict capital norms under the Basel regulations put in place for domestic banks over 18 years, starting October 1998, according to RBI Norms.

• PM Modi to Seek Ideas for Sustaining Growth Amid Global Uncertainties
• Meta’s Ray-Ban Smart Glasses May Soon Display Notifications on Built-in Screens
• President to Award Pradhan Mantri Rashtriya Bal Puraskar to 17 Children on 26th December
• Akums Drugs Inks a Rs 1,760 Crore CDMO Agreement
• China to Raise Deficit and Increase Spending in 2025

The Basel capital regulations were implemented for the domestic banks in six phases from October 1998 to March 2016. These were put in place to align domestic norms with global regulations.

According to RBI, domestic banking stocks declined only during two of the six phases of implementing the Basel norms.