Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak

The banking sector has loans of Rs 100 lakh crore and a capital of Rs 11 lakh crore to 12 lakh crore while the banking losses are about Rs 3 lakh crore to 4 lakh crore, said CII President-Designate Uday Kotak.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ZXuJVb