You are here

Investors not soothed by capital boost for India banks

Allocated 229.2b rupees is lower than required, analysts say

Mumbai

INDIA'S plan to inject more capital into state-owned banks is doing little to alleviate investor concern that lenders' credit profiles are deteriorating.

The cost of insuring bonds issued by State Bank of India, IDBI Bank Ltd and Bank of India have risen this week, credit

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom