Budget 2019: Will govt look beyond recapitalisation to overhaul state-run banks?

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As finance minister Nirmala Sitharaman gives final touches to her first budget speech later this week, she’d be doing so nearly 50 years after the country’s 14 largest commercial banks were nationalised in July-August 1969. The number of state-run banks has now swelled to 22, and Sitharaman will be well aware ......