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business

Will move to up minimum capital ratio to 15% hurt NBFC's?

Most of the NBFC’s that are listed, will fall under the new rule set out by the RBI of keeping 15% of their risk weight assets in the form of capital. TT Srinivasaraghavan, of Sundaram Finance says that while his company’s capital adequacy is already crossing 15%, he finds the central bank’s directive disappointing.

first published: Feb 18, 2011 02:04 pm

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