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PSBs fund infusion News

Enhanced bank recapitalisation

21 Dec 2018

Govt to enhance bank recapitalisation outlay to Rs 1.06 lakh cr in FY 2018-19

This would enable infusion of over Rs 83,000 crore in the coming few months in Public Sector Banks (PSBs).

PSBs fund infusion

21 Dec 2018

Bank credit grows by 15.07%, deposits by 9.66%

In the year-ago fortnight, advances were at 79.98 trillion and deposits at Rs 108.37 trillion.

PSBs fund infusion

27 Nov 2018

Govt to infuse Rs 42,000 cr in PSU banks by March

The government earlier this year pumped Rs 11,336 crore in five PSBs -- PNB, Allahabad Bank, Indian Overseas Bank, Andhra Bank and Corporation Bank -- to improve their financial health.

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