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
×
×