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Top headlines: RBI's Shaktikanta Das on bank capital, ITC m-cap and more

RBI Governor on economic uncertainties to Sri Lanka privatising its national airline, here are the top headlines

RBI Governor Shaktikanta Das
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RBI Governor Shaktikanta Das (Photo: Bloomberg)

BS Web Team
Banks must raise more capital amid global uncertainties: RBI's Das

Given the uncertainties surrounding the global financial environment, domestic banks should raise more capital in order to be prepared for worst-case scenarios, Reserve Bank of India Governor Shaktikanta Das said on Friday.

Das also underscored the need for banks to raise more capital in order to fund the demand for loans, which is growing at a healthy clip. Read more here

ITC regains Rs 4-trillion m-cap after 5 years; stock surges 50% in 6 months

ITC, the biggest cigarette maker, and the second largest fast moving consumer

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