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PSBs Must Plan Timely Capital Raise: Nagaraju
Business Standard
|March 18, 2025
Public sector banks (PSBs) need to prepare a road map for appropriate and timely capital raising, work on efficient allocation of resources, and strive to bring down intermediation costs, said M Nagaraju, secretary, Department of Financial Services.
Each bank has its unique set of challenges, manpower, systems, capabilities, and infrastructure. They must judiciously identify benchmarks across various financial criteria, he said while addressing the annual general meeting of the Indian Banks' Association (IBA) on Monday.
This story is from the March 18, 2025 edition of Business Standard.
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