Calcutta, June 28: Two city-based public sector lenders could raise up to Rs 5,000 crore to improve their capital adequacy. But I would not say, we are very comfortable... we need to raise capital." The bank's capital adequacy ratio stood at 11.45 per cent as of March 31, 2017. More lenders follow suitState-owned Corporation Bank today said it has got shareholders' nod to raise up to Rs 3,500 crore through a share sale. Private sector lender Axis Bank also said today that it has raised Rs 3,500 crore by issuing debt securities on a private placement basis.

Source: The Telegraph June 28, 2017 20:18 UTC