Jugaad of bank recapitalisation: How finance ministers adhere to fiscal deficit targets while increasing borrowings–Times of India–05.11.2017

Twitter has been abuzz with the government congratulating itself over its ‘unprecedented’ rescue package for India’s ailing banking sector. The adjective is certainly not misplaced – after all Rs 2.11 lakh crore (around $32 billion)…

via Jugaad of bank recapitalisation: How finance ministers adhere to fiscal deficit targets while increasing borrowings

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