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Revenue reserves of four public sector banks may be wiped out

Revenue reserves of four public sector banks may be wiped out

Thu, Oct 13, 2016

It said, if the PSBs continue to report sharp decline in their profitability and mounting losses, could lead its revenue reserves in danger, which in turn will hamper their near-term ability to service coupon on Additional Tier 1 (AT1) bonds issued under Basel III capital regulations.  

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