Earlier during the Quarterly Review of Public Sector Banks' performance held on 11 March 2015, it was discussed that the banks should work-out/find-out their own resources for raising capital and also work-out their own plan for raising capital from market. Bank should have a base line board validated capital raising strategy. Capital would include the equity, non-equity and other instruments. Capital requirement may be for the existing business growth and some for meeting the new credit requirement. Banks should use capital in more productive manner. Banks may do the business which is permitted by their capital base. They can go into the niche Market. They can also explore the possibility of selling their non-core business.
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