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Indian banks will need $15 billion capital to meet Tier I norms: Fitch


The amount could rise to about $58 billion in a high-stress situation where the domestic economy fails to recover from the coronavirus pandemic-related disruption.

State owned banks will require the bulk of the recapitalisation, as the risk of capital erosion at state banks is significantly higher than for their privately owned peers, rating agency said in a statement | Illustration: Binay Sinha

Indian banks are likely to require at least $15 billion in fresh capital to meet a 10 per cent weighted-average common equity Tier 1 ratio under a moderate stress scenario, according to Fitch Ratings.

The amount could rise to ...


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