Acuité President - Ratings, Suman Chowdhury comments on Govt's capital infusion in PSBs

02 Jul 2018

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"It reinforces our belief that the government would continue to support the PSBs particularly those under PCA (prompt corrective action) of the RBI and would not allow regulatory capital breaches which might lead to defaults in hybrid and perpetual instruments," Chowdhury said in a statement.