RBI Unleashes Power for Banks to Flex Profits Like Champs

Listen up, financial warriors! The RBI just threw down the gauntlet, giving banks the power to flex their quarterly profits in the capital-to-risk weighted assets ratio—no more NPA provisioning drama! And guess what? They’re also tossing the IFR requirement out the window for most banks! It's time to dominate that capital adequacy like a true champion!