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Home Tag Archives: recapitalisation

Tag Archives: recapitalisation

Finance Minister set to make ‘major’ announcement — banks recapitalisation on cards?

By Loknath Das
October 24, 2017
in :  Finance
Comments Off on Finance Minister set to make ‘major’ announcement — banks recapitalisation on cards?

Finance Minister Arun Jaitley will make a major announcement on Tuesday evening, possibly in connection with the recapitalisation plans for public sector banks, sources have told CNBC-TV18. At a press conference scheduled for 4pm, the minister is likely to decide the plan for increasing capital to the weak balance sheets of banks including United Bank of India, UCO bank, Corporation bank, Allahabad Bank, Indian Overseas Bank, …

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