Basel III
SBI to raise Rs 5,000 cr by issuing Basel III-compliant bonds
Shares of State Bank of India closed 3.29 per cent down at Rs 348.55 apiece on the BSE on Wednesday.
12 PSU bank plan to raise funds from markets to meet Basel III norms
Public sector banks need to raise Rs 1.10 triillion from markets, including follow-on public offer, to meet Basel III requirements.
Finance Minister wants Basel-III norms deadline deferred
As per the norms, banks have to maintain a minimum common equity ratio of 8 per cent and total capital ratio of 11.5 per cent by March 2019.
1 of 1