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KM Financial Solutions | India pushes state banks to find own funding sources after $32 bln bailout
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India pushes state banks to find own funding sources after $32 bln bailout

01 Apr India pushes state banks to find own funding sources after $32 bln bailout

Posted at 15:45h in News by
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NEW DELHI, April 2 (Reuters) – A massive $32 billion bailout
package https://in.reuters.com/article/india-economy-banks-copy/india-embarks-on-32-4-billion-state-bank-recapitalisation-to-boost-economy-idINKBN1CU07G
for India’s dominant state-run banks will not happen again and
lenders will have to find their own funding by selling non-core
assets and merging with each other, a senior government official
said on Monday.

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