2) Counter Cyclical Buffer Flashcards
1
Q
What is Counter Cyclical Buffer ?
A
It is the capital to be kept by bank to meet business cycle related risks
2
Q
Aim ?
A
To protect the banking sector against losses from changes in economic conditions like recession – It is a part of Basel 3 norms
3
Q
Has RBI allowed it ?
A
NOOO , it said the there is no need for it atleast in the next 1yr
