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    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.

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