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Centre To Infuse 42,000 Crore Rupees In Debt-Laden State-Run Banks By March
27 Nov 2018, 09:03 AM IST 
Large banks, however, are less likely to get any additional infusion this fiscal year to March.
NEW DELHI: The government will pump Rs 42,000 crore into debt-laden public sector banks in the remainder of the current financial year to March to improve their financial health, a senior Finance Ministry official said on Monday. "We will infuse the next tranche of recapitalisation in public sector banks by mid-December. About Rs 42,000 crore remains to be infused as capital in the banks in the current financial year," the official s...
