πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!


    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.

    Practice Next
    More Financial Management Questions

    Relevant for Exams:

    ask-question