Table of Contents
Reforming PSU Banks beyond Recapitalisation
Current Affair
- Union Government has allocated ₹ 70,000 crore for recapitalisation in the budget.
Plan
- RBI’s Financial stability Report
- Growth capital
Expected outcomes and concerns
- Capital growth
- Reforms are expected
Measures needed
- Improve operational efficiency
- Dual control
- Par with private banks
- Manpower with specialised skills
- Wages- Market and performance based.
- Bring down Government shareholding
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