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Mar 04, 2015
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RBI advises PSBs feeling capital constraints to focus on less risky assets
After the government applied efficiency norms to infuse equity in public sector banks (PSBs), the Reserve Bank of India has advised PSBs feeling capital constraints to restructure businesses to have assets which need less capital.
“They (PSBs) have to figure out ways of raising capital from the market or any other methods, including additional tier-I and tier-II instruments. There is also (an) element of balance sheet re-sizing or reallocation of risk assets in such a way that within available capital they can still grow. They have to find out strategies for doing it,” RBI deputy governor R Gandhi said on the sidelines of an event organised by credit information bureau CIBIL.
Source -
http://www.business-standard.com
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