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Budget 2016: More bank reforms likely, finmin to go beyond bank recap plans

The finance ministry and the Reserve Bank of India are unhappy with public sector banks for not dealing with 'bad promoters' and have asked them to use corporate debt restructuring (CDR), strategic debt restructuring (SDR) and sell 'bad' promoters' assets to bring them to task
Gyan Sangam: PM promises greater state bank autonomy

At the Gyan Summit, the government stayed away from announcing any immediate major decision, either with respect to government control on banks, recapitalization or, importantly, consolidation but laid out a broad agenda for change.

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Bank Reforms

Budget 2016: More bank reforms likely, finmin to go beyond bank recap plans

Gyan Sangam: PM promises greater state bank autonomy