Monday, May 19, 2014

Fixing PSU Banks

..................And given that the government is in no position to contribute, it would be prudent to shed stake. The financial position of state-owned banks is fragile, which is partly masked by regulatory forbearance, and the capital of state-owned banks has eroded with the proportion of stressed assets rising rapidly—the PSU banks are losing their market-share to the private sector banks.........

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