The Presidents/Chief Executives
All Microfinance Banks

Dear Sirs / Madam,

Capital Adequacy Ratio

This refers to Regulation No. 4 of Prudential Regulation for Microfinance Banks.
2. Microfinance Banks are allowed to treat gold as eligible collateral with 0% risk weight for calculation of Capital Adequacy Ratio.
3. All other instructions on the subject shall however remain unchanged.
Please acknowledge receipt.