What is the importance of the term “Interest Coverage Ratio” of a firm in India?
1. It helps in understanding the present risk of a firm that a bank is going to give loan to.
2. It helps in evaluating the emerging risk of a firm that a bank is going to give loan to.
3. The higher a borrowing firm’s level of Interest Coverage Ratio, the worse is its ability to service its debt.
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Subject: Banking Regulations
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What is the importance of the term “Interest Coverage Ratio” of a firm in India
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With reference to the ‘Banks Board Bureau (BBB)’, which of the following statements are correct
With reference to the ‘Banks Board Bureau (BBB)’, which of the following statements are correct ?
1. The Governor of RBI is the Chairman of BBB.
2. BBB recommends for the selection of heads for Public Sector Banks.
3. BBB helps the Public Sector Banks in developing strategies and capital raising plans.
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