All posts tagged "Andhra Bank"
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764Capital RegulationIndia Infuses $6.8bn into 12 Public Sector Banks
The Indian government has approved capital infusions into 12 public sector banks amounting to $6.8bn as part of its bank recapitalisation plan.
February 21, 2019 -
2.7KEnforcementUPDATED – Multiple Indian Banks Penalised for Rule Violations
The latest penalties involve banks' non-compliance with RBI directions on the monitoring of borrowers' end use of loan funds, as well as failures related to KYC/AML compliance.
February 13, 2019 -
572Capital RegulationFive Indian State-Run Banks to Receive Additional Capital Infusion
Indian government will infuse $1.6bn in additional capital into five state-run banks that have been struggling to meet capital adequacy ratios due to higher than expected losses from bad loans.
July 19, 2018
