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Centre informs parliament about infusion of capital to PSBs
Updated : 6 years, 6 months ago IST
New Delhi [India], Nov 19 (ANI): In addition to capital infused earlier by the Government, provision of Rs 70,000 crore has been made for infusion of capital by the Government in banks in the Budget for the current Financial Year to boost credit for impetus to the economy, the Finance Min
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Recapitalisation of public sector banks disappearing into quicksand: Ind-R
Updated : 6 years, 10 months ago IST
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
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