State-run banks
While Reserve Bank of India has already agreed to letting state-run banks raise capital from employees and setting up holding companies, the government is pondering over a plan where banks could also raise capital by leveraging real estate holdings. Banks have suggested that each bank set up a special purpose vehicle (SPV) and have their [...] Continue Reading »
Rise in High interest is affecting the bond prices and also violating the stock market, resulting in the stocks of the banks valuation down by five years. The biggest private sector banks such as Axis Bank, ICICI, Kotak and YES Bank have proposed the customers to quote the price of the book value in concern [...] Continue Reading »
