Why the latest capital infusion into ailing government banks may not help much

On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of its planned Rs 2.11 trillion recapitalisation plan to inject new life into the ailing lenders. This recapitalisation comes on top of the Rs 51,533 crore that was infused into state-run banks ......