Experts argue that state-owned banks will require much higher capital than estimated by the government, which is already reassessing its estimates. (Illustration: C R Sasikumar)
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Even as the government has progressively stepped up its capital infusion in state-owned banks throughout the last decade, the lenders have seen their bottomlines take a steady slide. In the past couple of years, public sector banks incurred combined net losses of over Rs 19,529 crore, even as the government capital infusion during these two years, at Rs 47,915 crore, was the highest in…
Read the full article at: http://indianexpress.com/article/business/banking-and-finance/10-year-review-of-psu-banks-equity-return-bank-profitability-fails-to-keep-pace-with-govt-capital-infusion-4765680/