Banking on capital (Livemint)


The government’s latest plan to infuse $6.8 billion as capital in 12 state-run banks will ease the sector’s troubles, but it won’t be enough. The infusion is part of a bank recapitalisation plan announced in 2017 under which the government aimed to provide about $30 billion in two years, partly through the issue of recapitalisation…


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Updated: February 22, 2019 — 6:46 AM