Banks Recapitalisation
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Higher NPA provisioning to impact banks in FY19; recapitalisation will help resolve NPL, rollout of Basel III: Moody's
•The government in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks over the next two years
Recapitalisation of lenders: Banking secretary says banks not to get easy money under Rs 2.11-lakh crore plan
•At PSB Manthan, banking secretary says Rs 1.35-lakh crore recapitalisation bonds will be front-loaded