Legal Question in Banking Law in

What is SARFASI act in indian banking sector and what is BASEL NORM 11 IN INDIAN BANKING SECTOR?

Asked on 12/03/10, 9:53 am

1 Answer from Attorneys

J. Radhakrishnan independent Practice

SARFAESI Act is Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. Please access India code and read the full Act. Regarding Basel III norms it is the latest requirement by the Bank of International Settlements regarding asset quality. Find more by accessing wikipedia

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Answered on 12/03/10, 9:19 pm

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