verbs

[Jhumur]

I frequently come across sentences with "is to/are to" construction such as the one given below. I prefer not using those structures as I don't have much clue about them, instead opting to use "will" structures. Can you please explain in detail the usefulness of  "is to/are to" structures and when to use them?

Example:

"Four leading banks are to receive a $23 billion capital injection to replenish their reserves"

[Joe Carillo]

You earlier e-mailed a variation of this grammar question to me and I answered it yesterday in the Students' Sounding Board section. Please check out the posting by clicking this link to “The uses of the 'is to +verb'/'are to + verb' grammatical structure.”