| Basel III is a comprehensive set of reforms, developed by the Basel Committee on Banking Supervision which seeks to improve the ability of the banking sector to deal with financial and economic stress, improve risk management and strengthen the bank’s transparency and disclosures. In India, the Reserve Bank of India had followed this up by issuing draft guidelines and this process commenced in January 2013 and will culminate in 2017. This paper analyses the preparedness of Indian Public Sector Banks for Pillar 1- Minimum Regulatory Capital Requirements based on Risk Weighted Assets (RWAs): Maintaining capital calculated through credit, market and operational risk areas of Basel III, based on capital adequacy of Tier 1 capital and capacity to face credit risk, market risk and operation risk. The secondary data for the study were collected through published annual reports of banks, RBI reports, journals and websites. The data were analysed through percentage, ratios and comparative statements. |