Bol sees CRAR moderating 40 bps on higher risk weight
Financial Express Mumbai|November 30, 2023
QIP of ₹4,500 crore to ensure CRAR position remains healthy
PIYUSH SHUKLA

PUBLIC SECTOR LENDER Bank of India is expecting a 40 basis points (bps) moderation in its capital to risk weighted assets ratio (CRAR) due to the Reserve Bank of India's (RBI's) circular on rise in risk weights across personal loans, credit cards and bank loans to non-banking finance companies (NBFCs), managing director (MD) & chief executive officer (CEO) Rajneesh Karnatak told FE. The bank's CRAR stood at 15.63% as of September 30.

"As per our ballpark calculation, CRAR may get impacted by 40 bps only as we do not have a large personal and NBFC loan book," he said.

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