Business | Edited by Surajit Dasgupta | Monday January 30, 2017
In 2015, the government had announced a revamp plan,'Indradhanush', to infuse Rs 70,000 crore in state-owned banks over four years, while they would have to raise a further Rs 1.1 lakh crore from the markets to meet their capital requirements in line with global banking risk norms Basel III.
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