Question
The implementation of prudential norms on BASEL III
capital framework for AIFIs shall be from April 01, 2022 except for ____, for which the implementation will be from _________.Solution
The central bank wants AIFIs to achieve minimum total capital of 9 per cent and capital conservation buffer of 2.5 per cent, with the minimum total capital and CCB adding up to 11.5 per cent, by April 1, 2022. For NHB, since the accounting year is July-June, the implementation shall commence on July 1, 2022.
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