CCEA approves Rs 1,340-cr recapitalisation for weak regional rural banks

This is, in a way, an extension of the recapitalisation plan that was to end this financial year (April 2019 to March 2020, of FY20)

Indivjal Dhasmana |Business Standard | New Delhi
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CCEA approves Rs 1,340-cr recapitalisation for weak regional rural banks

2 min read Last Updated : Mar 25 2020 | 11:35 PM IST

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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a Rs 1,340-crore recapitalisation plan for the weak regional rural banks (RRBs) to help improve their capital to risk weighted as

Topics :Nirmala SitharamanCCEARegional Rural BanksBank recaptalisation

First Published: Mar 25 2020 | 11:35 PM IST

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