Government to build institutional mechanism to keep public sector banks in good health: FM Jaitley

Updated:7 years, 9 months ago

New Delhi, Jan 24 (ANI): Union Finance Minister Arun Jaitley on Wednesday stated that the Department of Financial Services has been undertaking a detailed exercise as to the amount of capital that needs to be infused into public sector banks. Jaitley said the main objective of this flows from the Government's responsibility to keep public sector banks in good health by building an institutional mechanism to ensure that the problems that were inherited do not recur.

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