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Barclays Bank Plc infuses Rs 3,000 cr in India ops to bolster business

With this infusion, the bank's total invested capital in the country will increase to over Rs 8,300 crore

Barclays
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Abhijit Lele Mumbai
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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