Best of BS Opinion: Hope fades for PSBs, a future without promoters & more

Here are the best of Business Standard's opinion pieces for Wednesday

Public sector banks (PSBs) are reported to have written off about Rs 8 trillion worth of loans over the last seven years, which is more than twice the capital infused by the government in the same period. This is clearly an unsustainable position, and the government cannot perpetually keep infusing large sums of capital in the banking system. It has been issuing recapitalisation bonds over the last few years because of budget constraints, but this medium also has limits. In this context, our lead editorial notes that since there are limitations to the extent PSBs can be reformed and are likely to