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On the proposal to hike the tier-I capital to 10 per cent and 12 per cent for select NBFCs from 7.5 per cent, the report said it will improve the quality of capital and enhance the cushion against asset-side risks.
While the existing tier-I capital ratio of most NBFCs is comfortably above the revised regulatory requirement, the sector will have to raise around Rs 8,000 crore to maintain the current cushion over regulatory minimum, under the revised norms, noted the report.
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