SFBs will require Rs 5,000-6,000 cr equity infusion for 15-20 pc CAGR by 2023: Icra

Small finance banks (SFBs) may need an equity infusion of close to Rs 5,000-6,000 crore for the industry to attain a compound annual growth rate (CAGR) of 15-20 per cent till FY2023 and to absorb losses, Icra said in a report. The industry is expected to report losses at consolidated level in the current fiscal […]

from Banking & Finance – The Financial Express https://ift.tt/2ZyqYEo