@article {article1180, title = {The hard truth of bank recapitalisation}, author = {Ranjit K Pattnaik,Jagdish Rattanani}, journal = {Foundation of The Billion Press}, date = 2017-11-07, year = 2017, url = https://www.thebillionpress.org/columns/economy/hard-truth-bank-recapitalisation-1180, Abstract = {The problems of weak balance sheet and weak capital base are the result of inefficiency and mismanagement of the PSU banks. It also is a typical case of lack of governance. In that sense, recapitalisation offers moral hazard problems and its celebration as a “decisive package” makes a bad situation worse.} }