Question

Under Basel III, what is the requirement for Tier I capital for banks in India?

A 5.5% Correct Answer Incorrect Answer
B 6% Correct Answer Incorrect Answer
C 7% Correct Answer Incorrect Answer
D 8% Correct Answer Incorrect Answer
E 9% Correct Answer Incorrect Answer

Solution

Basel III require banks to maintain a minimum capital adequacy of 9% and a Tier-I ratio of 7%.

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