Monday, February 7, 2022

Govt recapitalised PSBs with Rs 3.10 lakh crore capital infusion over last five years: Minister

"Government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years i.e., from 2016-17 to 2020-21, out of which Rs 34,997 crore were sourced through budgetary allocation and Rs 2,76,000 crore through issuance of recapitalisation bonds to these banks," Minister of State for Finance Bhagwat Karad said in a written reply in the Lok Sabha.

from Banking/Finance-Industry-Economic Times https://ift.tt/MF921SE

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