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Dressing up public banks for the market

Print edition : February 02, 2018

The Central Bank of India headquarters in Mumbai. In December 2017, the Finance Ministry approved a proposal for the infusion of Rs.7,577 crore into six public sector banks, including IDBI, Central Bank of India, Dena Bank and UCO Bank, as part of its recapitalisation plan. Photo: Brent Lewin/Bloomberg

Finance Minister Arun Jaitley announced in October 2017 a Rs.2.11 lakh crore recapitalisation plan to infuse new equity into weak PSBs. Photo: PTI

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