Banking Newsletter – September 11 to September 15, 2017

This week, “Indian Banks will require USD 65 billion as additional capital to comply with the Basel III capital adequacy norms by March 2019 reported a leading global rating agency. The capital requirement was estimated to be lower earlier.”

Sep 16, 2017 09:09 IST India Infoline News Service

Top News
 
Banks to need USD 65 billion additional capital to meet Basel III norms

 
Indian Banks will require USD 65 billion as additional capital to comply with the Basel III capital adequacy norms by March 2019 reported a leading global rating agency. The capital requirement was estimated to be lower earlier. Read more
 
Bank of Baroda partners with Amazon to offer loans
 
State-owned, Bank of Baroda has joined hands with the global e-commerce giant, Amazon to offer loans under Rs 25 lakh on its platform, reported a leading news daily on Friday. Read more
 
IndusInd Bank partners with ADB to provide loans to rural women
 
IndusInd Bank announced on Friday that the Asian Development Bank (ADB) has signed a loan of up to USD 200 million with IndusInd Bank to provide finance to low-income women borrowers in rural India.  Read more

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