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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.
Government sanctions Rs 1,340-crore recapitalisation of regional rural banks

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