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Mar 04, 2015
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Banks left out of infusion must raise funds on their own: RBI
RBI said those banks that have been left out of capital infusion must explore ways to become more profitable and try other routes of fund-raisng. The government has infused R6,990 crore in nine public sector banks in FY15.Speaking to reporters on the sidelines of a Cibil conference, RBI deputy governor R Gandhi said banks already have enough capital, but they have to take care of their balance sheet.
Source -
http://www.financialexpress.com
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