Which of the following requirements are to be followed by the Commercial banks under the BASEL III Norms?
1. Higher Capital Adequacy Ratio (CAR) in comparison to the BASEL II Norms.
2. Higher Common Equity Tier I Capital in comparison to the BASEL II Norms.
3. A minimum Capital Conservation Buffer (CCB)
4. A minimum Leverage Ratio (LR)
Select the correct answer using the code given below:
1
1 and 2 only
2
1, 3, and 4 only
3
2, 3, and 4 only
4
1, 2, 3 and 4