Public sector banks perceived as risky, merged ones even more, says RBI
The Reserve Bank analysed daily returns of 32 major bank stocks covering 90% of the banking sector assets and the correlation of the daily stock returns for each bank pair was computed for each calendar year from 2011 onward to measure the systemic risk levels.
RBI-appointed administrator moves court to retain Srei control over TrinitySrei Infrastructure Finance (SIFL), the main Srei company, owns 51% in Trinity, and the balance 49% equity is held by Payaash Capital, a Singapore-based entity.
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