Not through bonds, only cash, says Former RBI governor Rangarajan on banks recapitalisation

Rangarajan comments assume significance as Finance minister Nirmala Sitharaman, in August, announced upfront capital infusion of Rs 70,000 crore into public sector banks, a move aimed at boosting lending and improving liquidity situation.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/33uTmqc