home » General » Govt. to provide banks CAR upto 12%Govt. to provide banks CAR upto 12%posted by govinda04(17) 13 months ago (www.myiris.com) Dena Bank, Andhra Bank, Vijaya Bank and UCO will be in advantage, with the government`s decision to infuse capital into commercial banks to improve their capital adequacy ratio (CAR), reports Economic Times. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> On Wednesday, the government announced that it would provide banks access to finance to raise their capital adequacy ratio (CAR) up to 12%. CAR is the... read more » |
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