Capital adequacy ratio Current Affairs, GK & News
The National Bank of Agriculture and Rural Development (NABARD) has come out with a ‘Prompt Corrective Action (PCA) Framework’ framework for regional rural banks (RRBs). This is similar to the one unveiled by RBI for schedule commercial banks. This framework is aimed at enabling RRBs that fail to meet prudential requirements relating to capital adequacy, ..
Topics: Capital adequacy ratio • Capital requirement • Economy • Finance • Money • National Bank for Agriculture and Rural Development • Prompt Corrective Action • Reduced representation bisulfite sequencing • Regional Rural Bank • RRB
Government approved capital infusion of Rs 632 crore in some RRBs (Regional Rural Banks). Objective: To improve CRAR [Capital to Risk (Weighted) Assets Ratio] for RRBs. Thus to improve their capital adequacy and lending capacity to the agriculture sector. Adopting good word of RBI deputy governor K C Chakrabarty, the Govt had started recapitalization process ..
Month: Current Affairs - June, 2012
Category: Government Schemes Current Affairs
After the rating of SBI were downgraded by Moody’s citing rising stress on the loan portfolio and capital constraints. The Government of India is set to provide funds to the largest public sector Bank of India. The Government says that it is going to infuse fresh capital in SBI so that Tier-1 (equity) capital becomes ..