Reserve Bank of India pushes lenders to raise capital over bad debt pile-up - THEMARKETTRENDZ

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Monday, 24 August 2020

Reserve Bank of India pushes lenders to raise capital over bad debt pile-up

Private sector lenders such as ICICI Bank, HDFC Bank and Axis Bank have responded by raising over Rs 50,000 crore among them, but their public sector rivals are seen to be slow to enter the market, despite abundant liquidity in the system due to stimulus packages announced by governments across the world.

from Banking/Finance-Industry-Economic Times
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