Will Bank Re-Capitalisation Help People And Boost Credit ?

Good credit growth will be seen by meeting the corporate and small borrowers’ requirements

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Re-capitalisation of banks has to help people by boosting credit. We have not found an alternative system other than the banking system to meet the credit requirement of this economy. Although it was claimed that the bond markets will evolve and that NBFCs will fill this space, the events in the last few months has put the ball back in the court of the banks and for a few more years they will be the institutions which will support the growth of the economy.