Jaitley allots Rs.25,000 crore for state-run banks' recapitalisation newsreporter.in

Jaitley allots crore for staterun banks recapitalisation

New Delhi, Feb 29 : Continuing government efforts to deal with the high levels of non-performing assets (NPAs), or bad debts, of state-run banks, Finance Minister Arun Jaitley on Monday allocated Rs.25,000 crore towards their recapitalisation in the next fiscal.

He made the announcement while presenting in parliament the union budget proposals for the next fiscal.

2016-02-29 15:07:17 by Agnes Natalia

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