What is Tier 1 Capital as per Basel Capital Adequacy Norms? #ChartAcc
Friday, January 10, 2014
ChartAcc.com - Tier 1 Capital is core capital of a Bank. It is required as per Basel accords to ensure financial stability of a bank.
It comprises of followings:
It comprises of followings:
- Core capital and
- Disclosed Reserves / Retained Earnings, (includes Non-redeemable non-cumulative preferred stock)
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