Sunday, September 27, 2020

Finance Ministry may provide capital support to some PSBs in third quarter

The fund infusion would be for meeting regulatory capital requirements if the need arises in October-December quarter. In 2019-20, the government infused Rs 70,000 crore into PSBs to boost credit for a strong impetus to the economy.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/finance-ministry-may-provide-capital-support-to-some-psbs-in-third-quarter/articleshow/78345804.cms

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