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Govt's capital support for PSBs only enough for regulatory norms: Moody's

Stress remains; broader reforms necessary to sustain improvement

Topics
Moodys  |  Psb  |  Banks

Abhijit Lele  |  Mumbai 



PSBs. (Illustration by Ajay Mohanty)
PSBs. (Illustration by Ajay Mohanty)

Rating agency Moody's on Tuesday said that the Indian government's plan to infuse extra in public sector in fiscal 2018-19 will suffice only to meet adequacy and improve provisions for bad loans in loss-making . However, stress will still persist.

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First Published: Wed, August 22 2018. 01:38 IST

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