Public sector banks to raise more capital to fund loan growth, though overall issuances may halve: Report

As majority of the bonds in FY’2017 included a call option in the fifth-year, the issuances in FY’2022 were driven by the refinancing obligations of such issues, the ratings firm said. Net of new offerings and redemptions between April and July 2022, the AT-I bonds outstanding on July 31, 2022, were Rs. 1.02 lakh crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/lmtujcw