Recap Bonds May Follow The 1993 Script
An Indian two thousand rupee banknote is arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Recap Bonds May Follow The 1993 Script

Recapitalisation bonds that will be used to inject funds in public sector banks may be similar to those issued in the 1990s to increase the capital base of the state-owned lenders, a government off...
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