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Financial sector will need to be recapitalised, says Uday Kotak, BFSI News, ET BFSI
Sat Jul 11 , 2020
The financial sector needs recapitalisation as it will witness erosion of capital due to increase in bad loans caused by the COVID-19 crisis, Kotak Mahindra Bank MD Uday Kotak said. He further said there will be costs that cannot be borne by businesses or the government, and these will be […]
