The circular amend provisions governing inclusion of quarterly profits in Common Equity Tier 1 (CET1) capital for commercial banks. Under the revised framework, commercial banks may recognize profits of the current financial year for Capital to Risk Weighted Assets Ratio (CRAR) calculations on a quarterly basis, provided quarterly financial statements are audited or subjected to limited review. The eligible profit amount is to be determined through a prescribed formula that deducts 25% of the average dividend paid during the preceding three financial years.