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capital adequacy News

Punjab & Sind Bank Aims to Boost Capital with Rs 2,000 Crore QIP This Quarter

Emily Rodriguez 19 Jan, 2025

Punjab & Sind Bank plans to raise Rs 2,000 crore through QIP, aiming to reduce government stake and improve capital adequacy. With a significant profit jump and reduced bad loans, ...

Business

IndusInd Bank Aims to Offload Rs 1.5k Crore in Microfinance NPAs to Strengthen Balance Sheet

Michael Lee 27 Dec, 2024

IndusInd Bank is set to auction Rs 1,573 crore of non-performing microfinance loans to clean up its balance sheet, with a reserve price of Rs 85 crore. The bank's promoters have al...