Banks can’t survive bad-loans tide without fresh capital: Urjit – The Telegraph

The Telegraph

Banks can’t survive bad-loans tide without fresh capital: Urjit
The Telegraph
Mumbai, Aug. 19 (Agencies): Reserve Bank of India Governor Urjit Patel on Saturday called for recapitalisation of government-owned banks to help them tackle the mountain of bad loans, as they do not have the strength otherwise to take big haircuts.

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