Tag: Banking Reforms
-
CBN Recapitalisation to Drive Nigeria’s $1T Economy by 2030
Overview: Recapitalisation as a Catalyst for Growth The Central Bank of Nigeria (CBN) has renewed its emphasis on banking sector reforms, with bank recapitalisation at the forefront. The objective is clear: strengthen the financial system, restore confidence, and set the stage for Nigeria to achieve a targeted $1 trillion economy by 2030. As with any…
-
Major Changes in Banking Sector for India’s Growth by 2047
Introduction As India strides toward its goal of becoming a developed nation by the year 2047, significant changes are underway in the banking sector. The Indian government has set an ambitious target to elevate two of its major public sector banks into the ranks of the world’s top 20 banks. This initiative aims not only…