RBI Powers Up Banks with New CRAR Rules, Believe It!

Hey, everyone! The RBI just powered up banks by letting them use quarterly profits in their CRAR calculations without worrying about NPAs! Governor Malhotra declared, ‘Old rules? Forget them!’ This means banks can boost their capital ratios! Plus, they’re saying goodbye to the IFR requirement for most banks. It’s all about making banking smoother, believe it!