RBI Eases CET1 Capital Norms for Banks, Revises Quarterly Profit Inclusion Rules
The Reserve Bank of India (RBI) has eased norms for inclusion of quarterly profits in CET1 capital calculations by banks. The revised rules apply to commercial banks, small finance banks and payments banks with immediate effect. Banks can now include quarterly profits if their financial statements are audited or reviewed every quarter.
Read More: https://thekanal.in/en-IN/details/rbi-eases-cet1-capital-norms-for-banks-revises-quarterly-profit-inclusion-rules-70245
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