Subsidy or support are against thought to make people Atmnirbhar. Why support to PSU Banks from public money when they have huge market capitalization and capable to manage their own funds.

Subsidy or support are against thought to make people Atmnirbhar. Why support to PSU Banks from public money when they have huge market capitalization and capable to manage their own funds. https://www.taxtmi.com/article/detailed?id=10249 The document questions government recapitalisation of listed public sector banks that have substantial market capitalisation, citing repeated budgetary infusions and arguing that dependence on state support reflects governance failures-political interference, corruption in lending and recovery, and weak recovery mechanisms-rather than an inability to access capital. It urges scrutiny of public funding and prioritisation of professionalisation, accountability, efficiency, and stronger loan recovery within PSBs to reduce reliance on budgetary support. en-us Sat, 05 Feb 2022 15:53:18 +0530 Sat, 05 Feb 2022 15:53:18 +0530 TaxTMI RSS Generator Subsidy or support are against thought to make people Atmnirbhar. Why support to PSU Banks from public money when they have huge market capitalization and capable to manage their own funds. https://www.taxtmi.com/article/detailed?id=10249 The document questions government recapitalisation of listed public sector banks that have substantial market capitalisation, citing repeated budgetary infusions and arguing that dependence on state support reflects governance failures-political interference, corruption in lending and recovery, and weak recovery mechanisms-rather than an inability to access capital. It urges scrutiny of public funding and prioritisation of professionalisation, accountability, efficiency, and stronger loan recovery within PSBs to reduce reliance on budgetary support. Articles Budget - Tax Proposals Sat, 05 Feb 2022 15:53:18 +0530 https://www.taxtmi.com/article/detailed?id=10249