Oriental Bank of Commerce - OBC Bank recruitment
Many state-owned banks, nervous to uphold growth, are queuing up before the govt. for money. The finance ministry has ask over these
Banks to mean out the additional capital they would require over the next 3 years for keeping a capital sufficiency ratio (CAR) of twelve percent by financial 2012............
The Reserve Bank of India (RBI) demands that banks require maintaining a CAR of Nine percent which consist of tier I capital (equity
& free reserves) & tier 2nd capital or subordinated balance. However, the govt. had previous publicized that it would make sure that CAR of community zone banks did not drop below 12% CAR by 2012 behind factoring in tribute growth & plough back of income,” said a junior official of a big PSU bank who attend the meeting.
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