Banking Industry and Pollution

30 Jul

Banking Industry and Pollution

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Pandemic in the name of COVID 19 has made havoc in the entire global system and more so in the banking sector.
Here, what the Indian Government has done at this stage is – merging banks on the basis of software they use, raising capital from market, Private sale and distress sale, which are some of the actions we have seen in recent days.
Here is an article, which adds that important sectors like Agriculture, Small Finance, diversified poverty portfolios are to be cared for more, and motivate people through better governance, better human resources being brought in and boost the morale. Though the article cannot be accepted to be true in its full sense, let us go through the details and understand.

Bank and Contagion — COURTESY: BUSINESS STANDARDS DT 30TH JULY 2020

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