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India poised to infuse $2 Billion into state-run banks

India poised to infuse $2 Billion into state-run banks
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India will inject at least 135 billion rupees ($2 billion) into state-controlled banks this month, as it seeks to shore up capital buffers and help the lenders meet coupon payments on their bonds, people familiar with the matter said.

Read the full story at https://www.bloomberg.com/news/articles/2018-07-18/india-is-said-poised-to-infuse-2-billion-into-state-run-banks

SOURCE: Bloomberg

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