MRC: Raising Capital of Banks Irrelevant

In a report on the government’s 2022-23 budget outlays, the Majlis Research Center said the section on increasing the capital of state-owned banks will do little in improving their efficiency.  
Among other things, the budget allows the government to reevaluate the assets of state lenders and use the (additional) income to raise their capital.  
The influential parliamentary research center said most banks that are potentially eligible for asset revaluation have already done so recently, rendering another asset revaluation unwanted, irrelevant and ineffective.