Six public sector banks

[abhishreshthaa]

Six public sector banks raised Rs.5,413 Crore through equity issues in 2005-06. Apart from the public sector banks, five private sector banks viz., ICICI Bank Ltd., Yes Bank Ltd., Lakshmi Vilas Bank Ltd., the South Indian Bank Ltd., and United Western Bank Ltd. accessed the primary market for raising resources.


The largest issue among the banks/financial institutions was that of ICICI Bank Ltd. Which raised Rs.5,101 Crore. This was incidentally the biggest issue of the financial year. Banks/financial institutions accessed the capital market on a larger scale to increase their capital adequacy ratio in accordance with the Basel II norms.

 

[jiten005]

Six public sector banks raised Rs.5,413 Crore through equity issues in 2005-06. Apart from the public sector banks, five private sector banks viz., ICICI Bank Ltd., Yes Bank Ltd., Lakshmi Vilas Bank Ltd., the South Indian Bank Ltd., and United Western Bank Ltd. accessed the primary market for raising resources.


The largest issue among the banks/financial institutions was that of ICICI Bank Ltd. Which raised Rs.5,101 Crore. This was incidentally the biggest issue of the financial year. Banks/financial institutions accessed the capital market on a larger scale to increase their capital adequacy ratio in accordance with the Basel II norms.

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