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Fitch estimates $15B capital requirement for Indian Banks to achieve 10% CET ratio, BFSI News, ET BFSI
Fri Jul 3 , 2020
Ratings agency Fitch has estimated a shortfall of $15 Billion by Indian Banks to achieve a 10% Weighted Average (WA) CET 1 ratio under moderate stress. Fitch further predicted an extended capital requirement of $58 Billion by Indian Banks in FY22 were economic growth fail to recover sustainably. The agency […]
