RBI Needs Extra Capital as per New ECB Requirements

Listed bank RBI may need extra capital and could find itself in need of a capital hike in order to meet the upcoming ECB equity requirements, JP Morgan analysts said in a report on 35 European banks. RBI is the only one among the 35 institutions analyzed, which would not be able to bridge the cap on its own, but rather would have to resort to a capital hike.

September 9, 2015