 "Barclays")
Barclays Bank PLC has infused about Rs 3,000 crore as capital in its banking operations in India (Barclays India) to accelerate its growth in corporate & investment banking, and private clients businesses.
The expansion in Tier-1 capital reinforces Barclays’ commitment to India. With this infusion, the bank’s total invested capital in the country will increase to over Rs 8,300 crore, the bank said in a statement.
According to India Ratings, as of Q1FY22, Barclays India’s Tier-1 ratio stood at 14.71 per cent (FY21:14.23%, FY20: 14.87%). This provides the required capital buffers against unexpected credit losses from stressed sectors, if and
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