RBI Governor Shaktikanta Das decodes why banks are rushing to raise capital; warns NPAs set to rise

Decoding why a large number of lenders have been rushing to raise capital, Reserve bank of India (RBI) Governor Shaktikanta Das, today said that the central bank asked lenders to chalk out plans and keep adequate capital ready to deal with any shocks that come up owing to the coronavirus pandemic.

from Banking & Finance – The Financial Express https://ift.tt/3ektume