Outlook on banks Negative; private lenders to recover faster; PSU banks need this much capital: Fitch

State-run banks will need $38 billion by the end of the financial year 2018-19, in order to sufficiently meet minimum Basel III capital standards, achieve 65% cover for non-performing assets, and leave some surplus capital for growth.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Ssqbir