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#ICICIBank to raise capital;Last time it raised capital was 20000Cr,in 2007
Capital Raising in 2020👇
#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr
#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
Capital Raising in 2020👇
#SBI to raise 20000Cr
#BoB,13500Cr
#AxisBank,15000Cr
L&T Finance,2000Cr
#HdfcLtd to raise 14000Cr
#KotakMahindraBank has already raised 7442.5Cr,#IDFC,2000Cr&JM Finance,770Cr
#IndianBanks are expected to raise between $20-$50bn in 2020
#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn
Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID
#Banks
#Fitch says,Indian banks need about $20bn,with PSBs alone needing $13bn
Capital raising by Banks is hence great news,as it will boost #CAR& bring down rising credit cost from bad loans,in aftermath of #COVID
#Banks
Various measures by @narendramodi govt in last 6yrs have empowered Indian Banking
14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities
#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%
Banks,looking healthier💪
14000Cr to be raised by #HdfcLtd for example,will be for inorganic growth opportunities
#HdfcBank for June qtr,saw 21% growth in advances,25% in deposits,with #Casa@ 40%
Banks,looking healthier💪
