Question
The implementation of prudential norms on BASEL III
capital framework for AIFIs shall be from April 01, 2022 except for ____, for which the implementation will be from _________.Solution
The central bank wants AIFIs to achieve minimum total capital of 9 per cent and capital conservation buffer of 2.5 per cent, with the minimum total capital and CCB adding up to 11.5 per cent, by April 1, 2022. Â For NHB, since the accounting year is July-June, the implementation shall commence on July 1, 2022.
Secondary evidence means and includes :
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