Will give RANKS to banks – centre

 

Everyone in the nation might be aware of the sorry state of the banks. With non performing assets and demonetization, the banks have lost their confidence among the public. The central government has to take some drastic measures to lift up the position of the banks. It has already started ranking the banks on their performance which will be made public soon. Rajiv Kumar, Secretary, Finance Ministry has mentioned this in a event. He further assured that the banks have 65,000 crores of huge capital and there is no need to worry about their financial position.