Current Affairs · Banking and Deposit Insurance
Regarding the Risk-Based Premium (RBP) framework for deposit insurance introduced by DICGC effective from April 1, 2026, which of the following statements is/are correct? 1. Tier 1 assessments, which apply to Scheduled Commercial Banks (excluding Regional Rural Banks), utilize supervisory ratings, CAMELS, and potential DIF loss. 2. Tier 2 assessments, which apply to Regional Rural Banks and cooperative banks, rely on CAMELS and potential DIF loss. 3. The effective rate of premium for a bank is calculated using the formula: Card Rate × (1 − Risk model incentive) × (1 − Vintage incentive). Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3✓
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Correct answer
1, 2, and 3
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