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NEED TO STRENGTHEN CAPITAL FUNDS OF COMMERCIAL BANKS- Credit Plans being formulated for all Lead Districts
SPEAKING at the Twentieth Annual General Meeting of the share- holders held in Bombay on Monday, 31st Mardi 1975, Chairman, Shri R K Talwar, dwelt on the need to strengthen the capital funds of banks. This could be done by augmenting the reserves or the equity base. Whether the equity capital was provided by the Government or by the public, including bank employees, Shri Talwar said it would have to be serviced. For this purpose sustained efforts would be re- quired to generate internal surpluses.