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PSU banks, from 2008 to 2014, engaged in indiscriminate lending: Jaitley
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 24 (ANI): Union Finance Minister Arun Jaitley on Tuesday said that the public sector banks, from 2008 to 2014, engaged in indiscriminate lending, in an apparent attack at the then ruling alliance - the United Progressive Alliance (UPA).
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Govt. approves Rs 2.11 lakh crore recapitalisation package for PSU banks
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 24 (ANI): Union Finance Minister Arun Jaitley on Tuesday announced unprecedented PSU banks recapitalisation program of Rs 2.11 lakh crore, out of which Rs. 1.35 lakh crore will come from recap bonds, and rest from markets and budgetary support.
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Govt. allocates Rs. 22,915 cr to PSU banks for re-capitalization
Updated : 8 years, 9 months ago IST
New Delhi, July 19 (ANI): The government today announced infusion of Rs. 22,915 crore into 13 public sector (PSU) banks to help them cope with their non-performing loans and shore up their capitals levels.
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