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Why recapitalisation of PSU banks is so challenging
Rediff.com

Why recapitalisation of PSU banks is so challenging

'It is not that banks are not trying. Whenever we meet them, they say we will be raising money the next quarter or so and you should not downgrade us. There is no doubt that the managements have been trying their best to raise equity but they are not able to.' Anup Roy and Krishna Kant on the challenges public sector banks face in revitalising themselves. Illustration: Dominic Xavier/Rediff.com Reserve Bank of India (RBI) Deputy Governor Viral Acharya's urgings on the capitalisation ... Rediff.com, 3 weeks ago
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