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

  • google app store apple app store
  • βœ–

      Question

      What is the Capital adequacy ratio of IIFCL as on March

      31, 2024?
      A 28.15% Correct Answer Incorrect Answer
      B 27.65% Correct Answer Incorrect Answer
      C 26.90% Correct Answer Incorrect Answer
      D 24.67% Correct Answer Incorrect Answer
      E 22.51% Correct Answer Incorrect Answer

      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.

      Practice Next

      Relevant for Exams:

      ask-question