Government to inject Rs 48,239 crore in 12 public sector banks in FY19
https://lnkd.in/eYd6iY4
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Translated :
Govt will " suck out some ( tax ) blood " from you and me and " inject " into those PSU banks whose corrupt officers connived with unscrupulous businessmen , who siphoned off billions of rupees ,turning those loans into NPAs -then went on a Swiss holiday with friends / family !
For details, read :
BankRecapitalization
https://lnkd.in/fiu7vMT
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