RBI eases norms for inclusion of quarterly profits in CET1 capital calculation by banks
7 mins ago
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The Reserve Bank of India (RBI) issued amended directions easing norms for inclusion of quarterly profits in Common Equity Tier 1 (CET1) capital for calculation of Capital to Risk Weighted Assets Ratio (CRAR) by banks. The revised norms apply to commercial banks, small finance banks and payments banks, and come into force with immediate effect. Under the earlier framework, banks…
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