India must not neglect bank recapitalisation despite pandemic, says Viral Acharya

"If the government doesn't wish to recapitalise banks in a timely manner, then it must ensure that the contours of debt moratoria and forgiveness package aren't so generous that banks won't be in a position to lend well during the recovery phase, which is likely around the corner," Acharya said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2TdQA5T