PSU bank recapitalisation a quick fix, doesn’t solve the problem, says fund manager

Even as the Sensex continues to sclae new peaks, buoyed mainly by the PSU banks stocks rally, after the Narendra Modi-led government announced a mega plan of Rs 2.11 lakh crore to recapitalise the stressed public sector banks, Sumeet Nagar of Malabar investments says that it’s more of a quick fix solution, and doesn’t actually Read more about PSU bank recapitalisation a quick fix, doesn’t solve the problem, says fund manager[…]