Tuesday, June 25 2019

December 21, 2018

Better performing PCA banks to be provided adequate capital

New Delhi-Government moved proposal in Parliament for enhanced bank recapitalisation outlay from Rs. 65,000 crore to Rs. 1,06,000 crore in the current financial year to propel economic growth, cementing Indias position as the fastest growing economy of the world. This would enable infusion of over Rs. 83,000 crore in the coming few months in Public Sector Banks .