Fitch: Indian banks face difficulties raising bank capital

By Addison Gong
15 Sep 2016

A group of 11 Indian banks have a total capital adequacy ratio that is either at or lower than the minimum required by the end of the 2019 fiscal year, according to a report published by Fitch Ratings on Monday.

Capital ratios are particularly thin at state banks, which represent around 75% of banking sector assets, accounting for nearly 80% of the capital that Indian lenders need to raise to meet Basel III standards by the end of March 2019.

“Despite some recent positive developments, the difficulties that ...

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