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In an op-ed, Prof. Yakov Amihud outlines how to stabilize Indian banks

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Excerpt from the Economic Times -- "The government ownership in these banks is nearly 60%. Usage of coercive rights means that the government will be able to reduce its contribution to less than Rs 7,500 crore while retaining its ownership share intact, with the remaining amount in excess of Rs 5,000 crore coming from public shareholders."

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