Classic conceive
confront business and logic, and the government’s bank recapitalization plan is
nothing but an age-old constitute technique that finally tends to sire more
problems.
In the
first tranche of the enormous Rs2.11 trillion recapitalization plans, the
government finally went back to carpet infusion, giving money for capital to
all but one public sector lender (Indian Bank).
Recall
that the center was shouting from the rooftops just a year ago that it would
not give money to banks that do not perform well and are inefficient.
But now,
it has given the money upfront as a show of faith that its banking babies would
learn their ways. And like an indulgent parent, it would help.
No comments:
Post a Comment