January 10, 2018 / 7:11 AM / 8 months ago

BRIEF-‍Fitch says India's recapitalisation to prioritise large state banks​

Jan 10 (Reuters) - Fitch:‍

* FITCH: INDIA’S RECAPITALISATION TO PRIORITISE LARGE STATE BANKS​

* FITCH SAYS ‍EXPECT MOST OF FRESH CAPITAL TO BE PROVIDED TO LARGE INDIAN BANKS THAT HAVE SCOPE TO GROW​

* FITCH - ‍INDIAN GOVERNMENT’S BANK RECAPITALISATION PROGRAMME, APPROVED BY PARLIAMENT LAST WEEK, WILL INCREASE AVERAGE CORE CAPITAL RATIO OF STATE BANK​ Source text for Eikon:

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