The Government of India announces details of Bank recap and Comprehensive Reform Plan
Jan 25th, 2018 | By ThenewsmanofIndia.com(THE NEWSMAM OF INDIA.COM) The Government of India has unveiled details of the re-capitalisation of Public Sector Banks (PSBs) announced in October, 2017. The capital infusion plan for 2017-18 includes Rs.80,000 crore through Recap Bonds and Rs.8,139 crore as budgetary support. This plan addresses regulatory capital requirement of all PSBs and provides a significant amount
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