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Funding and debt▼ Bearish for Indian equities
Why Indian banks may need another $15 billion in next 20 months
The brief
- Indian banks may need another $15 billion in the next 20 months
- Bonds worth a bunch of bonds will become callable before March 2028
- Potential funding needs put Indian banks’ capital and borrowing costs in focus
- Bank unions defer three-day nationwide strike after talks with IBA
- Banks open on Sunday ahead of nationwide strike: Will you get your salary today?
- No ATM charges, banks to operate on Sunday: What initiatives did Centre take to minimise disruptions during 3-day strike
- Finance Ministry to talk to IBA to ensure MDR is not passed on to consumers
- Centre to ask banks’ body to ensure consumers don't pay MDR on UPI payments