'Indradhanush 2.0' is associated with:
Indradhanush 2.0: Public Sector Bank Recapitalisation
The 'Indradhanush 2.0' initiative was launched by the Indian government.
Its primary objective was the recapitalisation of public sector banks. This scheme aimed to strengthen the financial health and operational efficiency of government-owned banks by infusing capital.
Key aspects included:
- Capital infusion into Public Sector Banks (PSBs).
- Addressing the asset quality review (AQR) and strengthening governance.
- Improving the risk management framework.
Therefore, 'Indradhanush 2.0' is directly associated with the recapitalisation of public sector banks.
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