Wednesday, January 24, 2018

Government to infuse Rs 88,139 crore into 20 PSBs & its effect on Banking Industry

Banks in India will be needed INR 631 billion due to implementation of Ind-AS 109, INR 631 billion for Govt. Sector Banks. This amount is equivalent to write-down of 1.10% of its Assets & 1.5% of net worth at end-March 2017. For Pvt Sector Banks, it is INR258 billion. PSB are rising money individually along with latest govt captial infussion, which is to-the-mark to Positive for 7% grwoth in  PS Bank's loan portfolio.

Join Us at   WhatsApp: 1.  

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.


The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive