PSB capital infusion is unlikely in next Budget

The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial health has improved on the back of reduction in bad loans, sources said. To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets, they added.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3INqrn5
https://ift.tt/3DPmACg

Post a Comment

0 Comments