.............RBI has rejected banking application of the DCCBs on the ground that they don't not have enough capital to cover the risks. Now, even though the state is ready to provide capital, it wants the RBI to first revive the three banks. But capital adequacy is the very condition on which RBI may grant a licence to revive the banks. An official communique from the state's information department says that the funds will be released if the RBI revives the banks' licences............
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