Government of India approves Infusion of Capital Worth Rs.6211 Crore in Five Public Sector Banks



Government of India approves Infusion of Capital Worth Rs.6211 Crore in Five Public Sector Banks Government Infuses Total Sum of Rs. 8911 Crore During the last Four Months, the Highest Capital Infusion in the Public Sector Banks in Recent Times As part of the budgetary promise to provide a sum of Rs.16,500 crore to ensure that the Public Sector Banks are able to attain a minimum 8 per cent Tier-I capital by March 31, 2011, the Government today approved infusion of Rs. 6211 crore in fi
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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