Budgeting for Losses – NPAs, Recapitalisation and Budgetary Allocations

Recapitalization or capital infusion of Public Sector Banks from budgetary allocations has been making news for the past few years on a regular basis. In August 2015, the government under its Indradhanush framework announced...

Read more February 9, 2018 at 2:12 pm Nishank

Forget lessons from the past, Arun Jaitley’s bank recapitalisation even buried a July audit report

Hailed as a “big-bang move” by bankers, the government’s plan to recapitalise public sector banks with Rs 2.1 lakh crores is deemed to hold magical powers that will help turn around their financial situations....

Read more November 5, 2017 at 6:14 am Scroll.in