Question
What is the Capital adequacy ratio of IIFCL as on March
31, 2024?Solution
IIFCL’s Capital to Risk (Weighted) Assets Ratio (CRAR) was 28.15% as on 31 March 2024, maintaining an adequate cushion over the minimum regulatory requirement of 15% for NBFCs as mandated by the RBI. It improved from 27.65% as on March 31, 2023.
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Who authored the book Poverty and Un-British Rule in India?
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