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The Reserve Bank of India (RBI) is set to bolster bank capital adequacy by allowing the inclusion of quarterly profits in CRAR without strict NPA provisioning conditions. In a move aimed at supporting the capital adequacy of commercial banks, the Reserve Bank of India (RBI) on Wednesday proposed to ease norms for including quarterly profits in the computation of the Capital to Risk-Weighted Assets Ratio (CRAR) and to withdraw the requirement of maintaining an Investment Fluctuation Reserve (IFR ...Read More >
Mumbai, Apr 8 (PTI) The Reserve Bank on Wednesday decided to dispense with the Investment Fluctuation Reserve (IFR), an additional buffer which banks were required to maintain to hedge against depreciation in the value of investments, as a measure to support the capital adequacy of lenders. Banks currently maintain IFR as an additional buffer against depreciation in the value of their investments, subject to mark-to-market (MTM) requirements. Currently, commercial banks (including Local Area B ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday announced a set of measures aimed at simplifying regulations for banks, improving access to finance for small businesses, and enhancing liquidity in financial markets. In its official statement, the central bank outlined steps to reduce compliance burden for banks while strengthening the overall financial system. Also Read | Sikkim State Lottery Result Today 6 PM Live: Dear Regal Wednesday Lottery Result of Apr ...Read More >
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India on Wednesday announced a set of measures aimed at simplifying regulations for banks, improving access to finance for small businesses, and enhancing liquidity in financial markets. In its official statement, the central bank outlined steps to reduce compliance burden for banks while strengthening the overall financial system. It stated, "Statement on Developmental and Regulatory Policies... This Statement sets out various d ...Read More >
New Delhi, Oct 24 (SocialNews.XYZ) The first Hindustan Turbo Trainer-40 (HTT-40) Series Production aircraft, TH 4001, which will train the next generation Air Warriors, took to the skies at the HAL facility in Bengaluru on Friday, the Hindustan Aeronautics Limited (HAL) said. Taking it to X, the HAL said, "HTT-40 Basic Trainer Aircraft is a fully aerobatic, tandem-seat, turboprop aircraft built to provide basic flight training, aerobatics, instrument flying, and night flying." The Hindustan Tu ...Read More >
Gurgaon: Two days after a law student died and his friend suffered critical injuries when a car knocked them down as they stood near railing on the service lane of Delhi-Jaipur highway in the early hours of Tuesday, a civil engineer was arrested on Thursday.Mohit (31), an employee of a private company in the city, told police that he got drowsy while driving. He is staying at a PG facility in Sector 14.The student who died, Harsh Singhal (25), was a resident of Om Nagar colony. His friend Abhish ...Read More >
Pune: Civil aviation experts sought more action against rampant and illegal construction activities near Lohegaon airport, citing that flights' funnel zone was at risk of being compromised.Referring to the Pune Municipal Corporation's action this week against illegal under-construction buildings in the vicinity of the airport, the experts said too little was being done too late. An Indian Air Force (IAF) veteran, requesting anonymity, said rampant construction around airports couldn't have happe ...Read More >
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