Tag: India Banks Report Card

Indian Banks Report Card: Challenges for India’s state bank sector despite improving macro

Newsroom24x7 Desk Mumbai/Singapore: The performance of India’s state bank sector remained challenged in FY15 (to end-March 2015), with continued pressure on asset quality and weak capital, according to Fitch Ratings’ Indian Banks Report Card FY15 published on 6 July. Capital needs are likely to increase substantially each year up until FY19. There are few indications

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