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Is anyone following Finance Minister's press conference over internet? It's regarding bank recapitalisation plan.
Yeah, they announced how much capital will be infused in which bank, and that lending to MSME should be promoted and that all loans above Rs. 250 crores will be followed closely.
 
Can we expect another 1% rally in BN tomorrow (the expiry day)?
Don't know. But maybe IDBI, SBI and CanBk which received a lot of money are likely to boom. The mechanism of the recap bonds is still not announced.
 

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