NIFTY 50

Multiple headwinds for the banking sector, says Credit Suisse report

Updated : May 29, 2020 01:23 PM IST

Credit Suisse has released a report which estimates that Indian banks will have to raise a whopping USD 20 billion this year to shore up capital. The author of that report, Ashish Gupta - managing director and head of equity research in India at Credit Suisse delved more on the subject in an interview to CNBC-TV18.

Gupta is also the lead analyst for the Indian financial services sector and Asia pacific banks. He has been covering Indian banks for over 20 years and is widely sought out by top policymakers for his take on the banking system.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV