Government Set To Fund Six State-Run Banks Under PCA Framework
An Indian five hundred rupee banknote is arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Government Set To Fund Six State-Run Banks Under PCA Framework

The government will inject capital in six of the 11 state-run banks that are under the Reserve Bank of India’s Prompt Corrective Action framework as part of its augmented recapitilisation plan, acc...
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