RBI plans a minimum 11.5% capital adequacy for 4 AIFIs - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI plans a minimum 11.5% capital adequacy for 4 AIFIs

“As the Indian economy grows further, the AIFIs are increasingly being seen as key institutions to promote the flow of direct or indirect credit to the economic sectors they cater to. It has been decided, therefore, to extend Basel III Capital framework to the AIFIs,” RBI said Friday in a draft master direction.

from Stocks-Markets-Economic Times
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