StreakPeaked· Practice

ExamsIBPS POGeneral 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.

  1. 5%
  2. 6%
  3. 9%
  4. 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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