https://www.taxtmi.com/news?id=20853 The Government announced a recapitalisation of public sector banks through direct capital infusion and market raising to restore bank capital buffers; bank wise allocations for FY 2017 18 and FY 2018 19 (up to 30 November 2018) are tabulated. The recapitalisation aims to enable expanded lending and digital delivery, supporting financial inclusion via Jan Dhan, micro and small enterprise credit under PMMY, time bound automated MSME lending leveraging digital records, and agricultural production credit through Rupay Kisan Credit Cards, and is linked to an improved Ease of Doing Business ranking for getting credit. en-us Wed, 19 Dec 2018 12:12:24 +0530 Wed, 19 Dec 2018 12:12:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20853 The Government announced a recapitalisation of public sector banks through direct capital infusion and market raising to restore bank capital buffers; bank wise allocations for FY 2017 18 and FY 2018 19 (up to 30 November 2018) are tabulated. The recapitalisation aims to enable expanded lending and digital delivery, supporting financial inclusion via Jan Dhan, micro and small enterprise credit under PMMY, time bound automated MSME lending leveraging digital records, and agricultural production credit through Rupay Kisan Credit Cards, and is linked to an improved Ease of Doing Business ranking for getting credit. News - Wed, 19 Dec 2018 12:12:24 +0530 https://www.taxtmi.com/news?id=20853