Current Affairs · Banking Regulations
Which of the following statements about the Countercyclical Capital Buffer (CCCB) guidelines issued by the RBI is correct? 1. The CCCB is intended to ensure banks maintain a capital cushion during economic downturns. 2. The CCCB is mandated under the Basel III framework. 3. The maximum CCCB requirement is fixed at 10% of total Risk Weighted Assets. Select the correct option:
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