Exams › IBPS PO › General Awareness
For Tier 2, Tier 3, and Tier 4 UCBs, while retaining the current capital adequacy framework, it has been decided to revise the minimum CRAR to ____ so as to strengthen their capital structure.
- 5%
- 6%
- 9%
- 11%
Correct answer: 9%
Solution
The minimum CRAR for Tier 2, Tier 3, and Tier 4 Urban Cooperative Banks was revised to 9% to strengthen their capital structure. This is a standard banking regulation fact.
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