Udaya Raj Adhikari's Blog

                                                                           1.Introduction A plan is a set of thing or activities to operate in systematic order to achieve definite target or objectives. In other words, the process of making plans, to meet definite goods in planning. Development planning is closely related to economic activities of a nation. Therefore, it is known as economic planning. Economic planning is a mechanism for economic coordination contrasted with the market mechanism the economic plan refers to the development plan which targets to promote economic development and to achieve national goals. The concept of developing planning was first introduced in 1917 A.D. in former Soviet Union. It became very popular after the end of 1930s great depre...

    Basel III Accord: A Risk Management Framework Udaya Raj Adhikari Email: rajudaya98@gmail.com   Abstract The Basel III framework is a central element of the Basel Committee’s response to the global financial crisis. It addresses a number of shortcomings in the pre-crisis regulatory framework and provides a foundation for a resilient banking system that will help avoid the build-up of systemic vulnerabilities. The framework will allow the banking system to support the real economy through the economic cycle . The volume and growth of the capital in the economy solely depends on the efficiency and intensity of the operations and activities carried out in the financial sectors. One of the most important functions of the financial system is share risk, which is centric due to financial institution. The Basel Committee on Banking Supervision’s (BCBS) recommendations on capital accord are important guiding frameworks for the regulatory capital requirement to the ...