Barclays Bank set to pump in Rs 3000 crores capital in India operations

Barclays Bank set to pump in Rs 3000 crores capital in India operations

Barclays Bank sees capital infusion enabling further growth in India 

New Delhi: Barclays Bank PLC India will make an infusion of Rs 3,000 crore in India. The pumping in of money into the foreign lender’s India operations is aimed at boosting local growth. The new investment would take the bank’s total invested capital in the country to more than Rs 8,300 crore.

According to Money Control, the expansion in Tier 1 capital is expected to enable further growth of the Bank’s Corporate and Investment Banking and Private Clients businesses in the country..continue reading at Digpu.com


https://www.digpu.com/business-and-finance/barclays-bank-to-pump-rs-3kcr

Comments

Popular posts from this blog

Lathi Charge: A legalised method of police brutality

Recruitment Scams and Paper Leaks in India: How the deserving youth of India is getting smothered under an obsolete system

Supreme Court renders Modi-backed ED Chief's extension “illegal.” Amit Shah and the opposition enter into a war of words