[Economy Q] Basel III Norms: Tier 1 and Tier 2 Capital meaning use
Why BASEL? What is BASEL? What are BASEL Capital adequacy requirements (CAR)? BASEL-III norms Criticism of BASEL norms Why BASEL? 2007-08: Subprime crisis in USA, after their banks loaned money to “subprime” borrowers i.e. people without capacity to repay [...]