%A Ranjit K Pattnaik,Jagdish Rattanani
%T The hard truth of bank recapitalisation
%! The hard truth of bank recapitalisation
%X 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.
%U https://www.thebillionpress.org/columns/economy/hard-truth-bank-recapitalisation-1180