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RBI Delivers Big Wins: CRAR Profits and IFR Gone!

RBI Delivers Big Wins: CRAR Profits and IFR Gone!

Big news from the RBI, folks! They’re letting banks count profits in CRAR without those annoying NPA rules. It’s a game-changer! And guess what? They’re ditching the IFR requirement for most banks. Why? Because they can, and it’s about time! This is going to make our banks stronger than ever. Tremendous win for the economy, believe me!

Quick rundown

  1. RBI offers banks more flexibility in CRAR calculations.
  2. Banks can now include quarterly profits without NPA provisioning worries.
  3. Investment fluctuation reserve requirement proposed to be removed.
  4. Most commercial banks already have capital for market risk.
  5. New draft directions will be issued for public consultation.

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