GTB likely to cut capital market exposure by 9%

 The bank has been bringing down its capital market exposure in the last three years. Its capital market exposure stood at 24 per cent of advances in March 2001.

 This will now be bought down to around 5 per cent. The Reserve Bank of India (RBI) has stipulated that the total capital market exposure of banks, both funded and non-funded, has to be at 5 per cent of their advances.

 GTB