What is the required Capital Adequacy Ratio for a new bank to apply for a license, under the draft…
12%. RBI's draft of 29 August 2011, section 2(G)(ix), requires a new bank to maintain at least 12% capital adequacy for its first three operating years, subject to a higher…
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What is the required Capital Adequacy Ratio for a new bank to apply for a license, under the draft guidelines of RBI?
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Correct answer D
12%. RBI's draft of 29 August 2011, section 2(G)(ix), requires a new bank to maintain at least 12% capital adequacy for its first three operating years, subject to a higher RBI requirement. The question concerns that licensing draft; the other offered percentages do not state its requirement.
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