They may also tend to use most of the new capital to expand lending instead of making loan provisions unlike what several other weak banks did earlier.
Wage revision in public sector banks take place every five years. The 11th bipartite settlement is due from November 1, 2017.
The primary objective of liquidity management is to align the WACR (weighated average call rate) with the policy repo rate.
Mukherjee quit citing personal reasons, the bank informed the bourses late in the evening.
Bankers have expressed concerns over the falling deposit rates, especially for senior citizens, who largely live on their interest earnings.
The new draft is likely to address discrepancies related to the holding company structure for small finance banks along with the listing issues.
The credit card will be for Bandhan Bank customers while the credit risk will be borne by StanChart, one of the leaders in the credit card market with 1.2 million credit card base.
Banks are collating these suggestions from grassroots employees, refining them and are likely to handover the suggestions to the government in the first week of September.
"There is clear evidence of domestic demand slowing down further," said Das.
NDF contracts are usually traded on currencies not readily available to trade globally.
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