Re capitalisation of PSBs

Public Sector Bank

Re capitalisation of PSBs

Under the Indradhanush Plan, the Government of India proposes to make available Rs.70,000 crores out of budgetary allocations for four years from 2015-16 to 2018-19. The Government infused a sum of Rs. 25000 crore in 19 PSBs during financial year 2015-16 and Rs. 24997.182 crore into 16 PSBs during the FY 2016-17.

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