
Cabinet approves recapitalization of RRBs to improve their Capital to Risk Weighted Assets Ratio
Union Cabinet approved continuation of the process of recapitalization of RRBs by providing minimum regulatory capital up to 2020-21 for those RRBs which are unable to maintain minimum CRAR of 9%, as per the regulatory norms prescribed by the Reserve Bank.
Did you Know
Rs.670 Cr will be used for the RRBs Recapitalization scheme.