<h1>RBI Sets Basel III Guidelines for Banks: Phased Implementation from 2013, Full Compliance by 2018.</h1> The Reserve Bank of India (RBI) has announced the adoption of Basel III norms, issuing final guidelines on capital regulations for scheduled commercial banks as of May 2, 2012. These regulations will be implemented in phases starting January 1, 2013, with full compliance required by March 31, 2018. Draft guidelines on Basel III liquidity regulations were released earlier for public feedback. The phased approach allows banks to adjust to higher capital requirements gradually. This information was provided by a government official in response to a query in the Rajya Sabha.