Tuesday, June 2, 2020

Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak

The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore while the banking losses are about Rs 3 lakh crore to 4 lakh crore, said CII President-Designate Uday Kotak.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banking-sector-needs-recapitalisation-of-rs-4-lakh-crore-uday-kotak/articleshow/76158605.cms

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