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National Bank for Agriculture and Rural Development (Nabard) will get a head room to double its balance sheet from April 2024, when the Basel III norms kick in, compared to the Rs 8 trillion in the financial year ended March 2023.
Shaji K V, chairman of Nabard, said the institution was adequately capitalised now and under the Basel framework, the capital adequacy ratio will be over 20 per cent.
He said there was enough growth capital. When it comes to leverage ratio, the institution can leverage existing funds at a higher level to grow further. Earlier, there was no leverage
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