Finance
Government sanctions Rs 1,340-crore recapitalisation of regional rural banks
Updated : March 25, 2020 03:59 PM IST
Information and broadcasting minister Prakash Javdekar said that the recapitalization of RRBs will improve their Capital to Risk Weighted Assets Ratio.
The central government will provide Rs 670 crore and an equal amount will come from the banks for recapitalisation.
