Basel III

Tax Glossary Definition

Basel III

Basel III – An international set of banking regulations established by the Basel Committee on Banking Supervision to improve financial institutions’ capital strength, liquidity standards, and overall risk control. Introduced in response to the 2008 global financial crisis, Basel III aims to make the banking sector more resilient to economic shocks and systemic risks.

Example: Under Basel III norms, banks are required to maintain a minimum Common Equity Tier 1 (CET1) capital ratio of 4.5% to better withstand financial stress.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat