{"id":981,"date":"2025-07-10T17:50:00","date_gmt":"2025-07-10T17:50:00","guid":{"rendered":"https:\/\/jbco.co.in\/basel-iii-capital-regulations-external-credit-assessment-institutions-ecais-careedge-global-ifsc-limited\/"},"modified":"2025-07-10T17:50:00","modified_gmt":"2025-07-10T17:50:00","slug":"basel-iii-capital-regulations-external-credit-assessment-institutions-ecais-careedge-global-ifsc-limited","status":"publish","type":"post","link":"https:\/\/jbco.co.in\/?p=981","title":{"rendered":"Basel III Capital Regulations \u2013 External Credit Assessment Institutions (ECAIs) \u2013 CareEdge Global IFSC Limited"},"content":{"rendered":"<table width=\"100%\" border=\"0\" align=\"center\" class=\"td\">\n<tr>\n<td>\n<p>RBI\/2025-26\/65<br \/>  DOR.STR.REC.39\/21.06.008\/2025-26<\/p>\n<p align=\"right\">July 10, 2025<\/p>\n<p>All Scheduled Commercial Banks<br \/>        (including Small Finance Banks)<br \/>      (excluding Local Area Banks, Payments Banks and Regional Rural Banks)<\/p>\n<p>Madam \/ Dear Sir,<\/p>\n<p class=\"head\">Basel III Capital Regulations \u2013 External Credit Assessment Institutions (ECAIs) \u2013 CareEdge Global IFSC Limited <\/p>\n<p>Please refer to Paragraph 6 of the <a href=\"https:\/\/www.rbi.org.in\/Scripts\/BS_ViewMasCirculardetails.aspx?id=12815\" target=\"_blank\" class=\"links\">Master Circular \u2013 Basel III Capital Regulations dated April 01, 2025<\/a>, as amended from time to time. <\/p>\n<p>2. In terms of para ibid, inter alia, banks are permitted to use the ratings of three international credit rating agencies viz. a) Fitch; b) Moody&#8217;s; and c) Standard &amp; Poor\u2019s for the purpose of risk weighting their claims on different foreign entities for capital adequacy purposes.<\/p>\n<p>3. It has been decided to permit banks to also use the ratings of M\/s CareEdge Global IFSC Limited for risk weighting their claims on non-resident corporates originating at International Financial Services Centre (IFSC). <\/p>\n<p>4. The rating-risk weight mapping for the ratings assigned by M\/s CareEdge Global IFSC Limited shall be as follows:<\/p>\n<table width=\"85%\" border=\"0\" align=\"center\" cellpadding=\"0\" cellspacing=\"1\" class=\"tablebg\">\n<tr>\n<td width=\"26%\">Rating Category<\/td>\n<td width=\"14%\">AAA <\/td>\n<td width=\"13%\">AA<\/td>\n<td width=\"15%\">A<\/td>\n<td width=\"16%\">BBB <\/td>\n<td width=\"16%\">BB &amp; below<\/td>\n<\/tr>\n<tr>\n<td>Risk weight (%)<\/td>\n<td>20<\/td>\n<td>30<\/td>\n<td>50<\/td>\n<td>100<\/td>\n<td>150<\/td>\n<\/tr>\n<\/table>\n<p>Yours faithfully,<\/p>\n<p>(Vaibhav Chaturvedi)<br \/>      Chief General Manager <\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>RBI\/2025-26\/65 DOR.STR.REC.39\/21.06.008\/2025-26 July 10, 2025 All Scheduled Commercial Banks (including Small Finance Banks) (excluding Local Area Banks, Payments Banks and Regional Rural Banks) Madam \/ Dear Sir, Basel III Capital Regulations \u2013 External Credit Assessment Institutions (ECAIs) \u2013 CareEdge Global IFSC Limited Please refer to Paragraph 6 of the Master Circular \u2013 Basel III Capital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-981","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=981"}],"version-history":[{"count":0,"href":"https:\/\/jbco.co.in\/index.php?rest_route=\/wp\/v2\/posts\/981\/revisions"}],"wp:attachment":[{"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jbco.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}