Read the following satements carefully:
1.The Reserve Bank allowed banks to spread their mark-to-market (MTM) losses for the June quarter as well.
2.The central bank had also asked banks to build an Investment Fluctuation Reserve (IFR) of 5% of their holdings.
3.In April, RBI had given banks an option to spread provisioning for MTM losses recorded on their investment portfolio.
Which of the above statements is/are correct?