India sticks to bank spending plan, no bumper recapitalisation yet
MUMBAI, Feb 1 (Reuters) - India stuck to a previously planned injection of $1.5 billion for state-owned banks in the coming financial year, disappointing hopes for a broader recapitalisation and fuelling concern that some may trim lending to keep afloat. [Source]
Publication Date:Origin: reuters.com
Category: financialsSector
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Source: http://feeds.reuters.com/~r/reuters/financialsNews/~3/tEXVbKw-Ggs/india-budget-banks-idUSL4N1FM263