https://www.taxtmi.com/news?id=19325 Central government will recapitalise public sector banks using recapitalisation bonds, budgetary provision and bank market capital raising to help banks meet regulatory capital norms and provide performance based growth capital; boards retain responsibility for management under statutory company and banking law and the central banking regulator retains powers to remove managerial personnel to secure proper management. en-us Fri, 05 Jan 2018 16:49:07 +0530 Fri, 05 Jan 2018 16:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19325 Central government will recapitalise public sector banks using recapitalisation bonds, budgetary provision and bank market capital raising to help banks meet regulatory capital norms and provide performance based growth capital; boards retain responsibility for management under statutory company and banking law and the central banking regulator retains powers to remove managerial personnel to secure proper management. News - Fri, 05 Jan 2018 16:49:07 +0530 https://www.taxtmi.com/news?id=19325