After heavy losses, banks focus on being capital-light, reorient business models to push growth

  The rise in bad loans and subdued corporate demand is driving banks to explore new business models, cross-sell products with more retail-oriented segments for growth. They are stepping up credit monitoring standards to lend to good quality customers. Lenders including IDBI Bank, Canara Bank, Bank of India, Union Bank of India and Federal Bank are looking at more asset or capital-light […]

Deutsche Bank launches $8.5 billion capital hike amid heavy restructuring

Deutsche Bank plans a significant capital hike alongside the flotation of its asset management holding and further restructuring from asset disposals, Germany’s biggest lender said on Sunday. The €8 billion ($8.5 billion) capital raise will be launched on March 21, the bank said in a statement, and undertaken via the issuance of new shares with […]