Q1. In April 2026, the RBI issued directions for implementing the Standardised Approach (SA) for Credit Risk, aligning with Basel III finalization norms. What is the primary implementation date set for banks to comply with this new capital charge framework?
- (a) March 31, 2028
- (b) January 1, 2026
- (c) April 1, 2027
- (d) October 1, 2026
Answer & solution
Answer: (c) April 1, 2027
The RBI's Standardised Approach for Credit Risk (Basel III) applies from1 April 2027→ Option 3. *(Verify against the official key.)*