The amendment has deleted sub-paragraph 21(i)(b) of the Capital Adequacy Directions. This paragraph relates to the Investment Fluctuation Reserve (IFR), which was previously recognized as an element in the computation of a bank’s Tier-2 capital.
The amendment has deleted sub-paragraph 21(i)(b) of the Capital Adequacy Directions. This paragraph relates to the Investment Fluctuation Reserve (IFR), which was previously recognized as an element in the computation of a bank’s Tier-2 capital.