Staff writer
Friday's decision by the Financial Reconstruction Commission to infuse 7.46 trillion yen into 15 major banks marks what the government hopes will be a turning point for the nation's ailing banking sector.
But many experts remain skeptical over the banks' prospects. They wonder if the latest capital injections, to be completed by the end of the month, will help the banks write off all their nonperforming loans, as well as ease their tight lending stance, which has often been linked to the seemingly unending chain of corporate bankruptcies.
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