https://www.taxtmi.com/news?id=22686 Approval extends the recapitalization mechanism for RRBs to provide minimum regulatory capital for an additional year for RRBs unable to maintain the mandatory Capital to Risk Weighted Assets Ratio (CRAR) of 9%. Central funding is authorized but conditional on proportionate release by sponsor banks. NABARD continues to identify RRBs requiring assistance based on annual CRAR positions, with the aim of strengthening balance sheets to enable continued Priority Sector Lending to rural borrowers. en-us Wed, 25 Mar 2020 15:55:17 +0530 Wed, 25 Mar 2020 15:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22686 Approval extends the recapitalization mechanism for RRBs to provide minimum regulatory capital for an additional year for RRBs unable to maintain the mandatory Capital to Risk Weighted Assets Ratio (CRAR) of 9%. Central funding is authorized but conditional on proportionate release by sponsor banks. NABARD continues to identify RRBs requiring assistance based on annual CRAR positions, with the aim of strengthening balance sheets to enable continued Priority Sector Lending to rural borrowers. News - Wed, 25 Mar 2020 15:55:17 +0530 https://www.taxtmi.com/news?id=22686