trending Market Intelligence /marketintelligence/en/news-insights/trending/tU74faCNBcdY6w0hAC5G6A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Fitch: Indian banks face US$50B capital gap in case of NBFC systemic crisis

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


Fitch: Indian banks face US$50B capital gap in case of NBFC systemic crisis

A stress test conducted by Fitch Ratings revealed that Indian banks would face a capital shortfall of approximately US$50 billion by fiscal 2021 in case a systemic crisis hits the country's non-bank financial company sector.

The rating agency said its stress test assessed the potential impact of liquidity pressures in the NBFC sector developing into widespread failures. The stress test revealed that the credit profiles of Indian state-owned banks will face significant pressure, while the weakest banks are likely to face higher solvency risks without capital support from the government.

Fitch said India's NBFC sector already US$7 billion short of the capital required to meet a 10% weighted average common equity Tier I ratio. The gap would rise to about US$50 billion by fiscal 2021 under the stress scenario. Further, banks will be US$10 billion short of the capital required to meet the regulatory minimum of 8% set to apply from March 31, 2020.