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Thursday, October 21, 2021

PSU banks likely to get capital support in Q4 to meet regulatory requirements

The capital position of banks would be reviewed in the next quarter, and depending on the requirement, the infusion will be made to meet the regulatory needs. In the current fiscal so far, all 12 public sector banks have posted a profit, which is being ploughed back to bolster the balance sheet of the banks, sources said.

from Banking/Finance-Industry-Economic Times https://ift.tt/30Bkvfl

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