Question
What is the revised upper limit of the Contingent Risk
Buffer (CRB) set by RBI?Solution
The RBI raised the Contingent Risk Buffer (CRB) to 7.5% , which is the upper end of its newly revised range of 4.5% to 7.5% . This move was made despite the record surplus transfer, highlighting the RBI’s commitment to maintaining adequate risk capital.
Analyze the statement and answer the question below:
"Microsoft has recently introduced the Phi-3-Mini, a small language model (SLM) which is a...
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