Finance Minister finalized capital infusion for 10 PSU banks

Posted on:21 Mar 2017 09:51:11
Finance Minister finalized capital infusion for 10 PSU banks
21 March 2017 Current Affairs: Coming in support of weak and non-performing public sector banks (PSBs), the Finance Ministry has chalked out a turnaround-linked Rs 8,586-crore capital infusion plan for 10 PSBs.

The Top five capital gaining banks are IDBI Bank (Rs 1,900 crore), Bank of India (Rs 1,500 crore), UCO bank (Rs 1,150 crore) and Andhra Bank and Indian Overseas Bank with Rs 1,100 crore each.

The capital inflow in 10 different PSBs is given as follows-

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