RBI unlocks 40000 crores to capitalize banks

Posted on:03 Mar 2016 09:40:57
RBI unlocks 40000 crores to capitalize banks
03 March 2016 Current Affairs: RBI announced relaxation of certain norms in the balance sheet which will unlock 40,000 crores to support the capital requirement of Indian banks. Indian banks are facing a huge loss due to the increase in Non Performing assets which have eroded the Capital of these banks .The revised RBI norms will give public sector banks (PSB) access to additional capital of INR 35,000 crore It could be about INR 5,000 crore for private sector banks RBI have aligned the definition of regulatory capital .
RBI announced relaxation of certain norms in the balance sheet which will unlock 40,000 crores to support the capital requirement of Indian banks. Indian banks are facing a huge loss due to the increase in Non Performing assets which have eroded the Capital of these banks .The revised RBI norms will give public sector banks (PSB) access to additional capital of INR 35,000 crore It could be about INR 5,000 crore for private sector banks RBI have aligned the definition of regulatory capital .

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 September

18 SEPTEMBER
NEWS
17 SEPTEMBER
NEWS
16 SEPTEMBER
NEWS
15 SEPTEMBER
NEWS

Current Affairs 2018 August

31 AUGUST
NEWS
30 AUGUST
NEWS
29 AUGUST
NEWS
28 AUGUST
NEWS

Current Affairs 2018 July

31 JULY
NEWS
30 JULY
NEWS
29 JULY
NEWS
28 JULY
NEWS