JAIBB Tutorial : Principle of accounting Math Jun 2014 [2]
JAIBB Jun 14 Accounting | |||||
Q. 8© | |||||
B. Required capital is 10% of RWA. Show in this situation the status of required capital is deficit or surplus | |||||
Solution: | | | | | |
Total RWA | 83664200000 | | |||
10% of Total RWA | 8366420000 | = 837 crore | | ||
We know minimum capital requirement is 400 crore as per Risk Base capital guideline (RBCG). | | ||||
Hence required capital is surplus by 837 -400 = 437 crore | | ||||
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Category: Accounting for Financial Services
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