RBI paper suggests alternative to Basel capital buffer

reserve-bank-of-india-pic-2

A working paper, published by the Reserve Bank of India on June 27, examines the use of the debt-to-GDP ratio to set the countercyclical capital buffer as suggested by the Basel Committee on Banking Supervision, and argues that it is imperfect when applied to the Indian case.

The authors, Tulasi Gopinath and AK Choudhary, consider the deviation of the debt-to-GDP ratio from its trend since 1950, finding very little movement until 2003 when a large gap emerges. The authors argue that this limited

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.