Thursday, July 18, 2013

NSCB Ltd: marked improvement during past few years

....The RBI also warned, that in the event NSCB Ltd failed to achieve the 4% CRAR target, it risked having its banking license cancelled. CRAR is a standard metric to measure balance sheet strength of banks. NABARD and RBI had asked state cooperative banks of Bihar, Goa,Haryana,Jammu & Kashmir, Kerala, Maharashtra, Nagaland, Odisha, Punjab, Tamil Nadu, UP and W.Bengal to raise their respective CRAR to at least 4%..........

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