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Former RBI governor C Rangarajan says banks recapitalisation should be done through cash
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Former RBI governor C Rangarajan says banks recapitalisation should be done through cash

Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash rather than issuing Bonds, as he cautioned that Boards of public sector undertakings, including banks, should maintain "arms length" from the Government