Scheme of Recapitalization of RRBs Current Affairs, GK & News

Cabinet approves extension of Scheme of Recapitalization of Regional Rural Banks

Union Cabinet has approved extension of scheme of recapitalization of Regional Rural Banks (RRBs) for next three years (upto 2019-20). This will enable RRBs to maintain minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9%. It will ensure strong capital structure and minimum required level of CRAR. This will facilitate financial stability of ..