The government-led merger of state-owned banks helped them to consolidate their market position in the last few years, but their market shares will continue to erode if they do not raise adequate capital to absorb future stress and support growth, the rating agency saidCapital-strong private banks set to gain market share, Fitch says
The government-led merger of state-owned banks helped them to consolidate their market position in the last few years, but their market shares will continue to erode if they do not raise adequate capital to absorb future stress and support growth, the rating agency said
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