Crar

Allahabad Bank looking at raising capital next fiscal; weighs options to dilute stake in insurance JV, sell non-core assets

Allahabad Bank and others like Indian Overseas Bank, Karnataka Bank and Dabur which had formed the non-life insurance company Universal Sompo had already appointed a consultant for the valuation of the JV.

Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBI

GNPAs of state-run lenders improved to 14.8 percent in September 2018 from 15.2 percent in March 2018, the report said.

Govt mulls additional Rs 30,000 cr capital infusion in PSBs; several banks' NPA rises during two quarters

Despite this relaxation, PSBs need more funds to meet global capital norms called Basel III as the RBI has retained the CRAR at 9 percent.

Kotak Mahindra Bank chief Uday Kotak welcomes RBI board decisions, says outcomes to be positive for economy

RBI unhappy with capital base of state-run banks

Under Basel I, PSU banks' CRAR stood at 11.31 percent at end-March 2013 as against 11.88 percent a year ago, while under Basel II it stood at 12.38 per cent against 13.23 percent previous year. <br /><br />