New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    What is the minimum total provisioning coverage ratio,

    including floating provisions, required for banks?
    A 30% Correct Answer Incorrect Answer
    B 50% Correct Answer Incorrect Answer
    C 70% Correct Answer Incorrect Answer
    D 90% Correct Answer Incorrect Answer
    E 100% Correct Answer Incorrect Answer

    Solution

    Banks are advised to maintain a total provisioning coverage ratio, including floating provisions, of not less than 70%. This requirement aims to strengthen the soundness of individual banks and promote stability in the financial sector.

    Practice Next

    Relevant for Exams: