THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Friday, June 22, 2001
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Letters

Banking and Finance
CAR and ARR
The capital adequacy ratio trends in banks have been analysed and appraised in `CARs showed mixed trend' (Business Line, June 20). As indicated in the article, the minimum capital adequacy ratio stipulated for the bank is 9, implying a maintenance of Rs 9 as capital for every Rs 100 loan.

SBI clarifies
The report ``Allahabad Bank in two minds on Baramulla branch'' (Business Line, June 9), states that ``SBI is believed to have already reopened its Baramulla branch.'' In this connection we wish to clarify that our Baramulla branch had never closed operat ions and it has been functioning through the thick and thin of militancy-related problems.

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