Govt to complete capital infusion in public sector banks by March end
PrintListen to this Article
The government on Wednesday said public sector banks including, State Bank of India, requires about 20,000 crore rupees in the current fiscal and the capital infusion would be completed by the end of March.
Replying questions on the sidelines of a function in New Delhi the Financial Services Secretary D.K.Mittal told reporters that government has already earmarked 6,000 crore rupees towards capital infusion in the state-owned banks during the current fiscal.
In response to a question, the Finance Minister Mr. Pranab Mukherjee said that Centre will extend support to West Bengal Government when needed to deal with Maoists violence in the state.
Category : Banking | Comments : 0 | Hits : 284
The Financial Intelligence Unit-India (FIU-IND), in furtherance of the powers conferred upon the Director FIU-IND under Section 13(2)(d) of the Prevention of Money Laundering Act (PMLA), 2002, has imp...
The government on Monday informed the Lok Sabha that all Scheduled Commercial Banks have written off nearly Rs 10.6 lakh crore in the last 5 years, out of which nearly 50 per cent belong to large indu...
The government has cleared the extension of tenure of managing directors of two public sector lenders -- Bank of Maharashtra (BoM) and Central Bank of India. According to sources, Appointments Co...
Comments