Question

    With full implementation of Basel III norms, the minimum

    Total Capital Ratio (including CCB) is prescribed by RBI as ________
    A 7% Correct Answer Incorrect Answer
    B 9% Correct Answer Incorrect Answer
    C 8% Correct Answer Incorrect Answer
    D 11.50% Correct Answer Incorrect Answer
    E 10.50% Correct Answer Incorrect Answer

    Solution

    The RBI has mandated banks to maintain minimum CAR of 9% and CCB of 2.5% making the overall minimum capital requirement as 11.5% including CCB.

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