Economics · Indian Economy
What is the primary objective behind the recapitalization of Public Sector Banks (PSBs) by the Government of India?
- 1Downsizing total administrative staff strength
- 2Financing rapid physical bank branch expansion
- 3Coping with NPAs and enhancing credit provisioning capacity✓
- 4Maximizing immediate non-interest dividend income
Correct answer
Coping with NPAs and enhancing credit provisioning capacity
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