Most depositors' money safe as amount of deposits insured raised to Rs 5L: CEA KV Subramanian

The Chief Economic Advisor also said that the m-cap ratio is an incorrect way to measure the safety and solvency of a bank. He further added that Capital to Risk (Weighted) Assets Ratio (CRAR) is the standard measure for the safety of a bank. Pointing out figures, the CEA said that Indian banks have 80 per cent more capital than the globally mandated norm for CRAR.

from Banking/Finance-Industry-Economic Times https://ift.tt/32Y40Y3