Wednesday, March 31, 2021

India to inject $2 billion capital in four weakened state banks

Central Bank of India, Indian Overseas Bank, Bank of India and UCO Bank will receive the funds through zero-coupon bonds, according to a government notification dated Tuesday

source https://economictimes.indiatimes.com/industry/banking/finance/banking/india-to-inject-2-billion-capital-in-four-weakened-state-banks/articleshow/81780409.cms

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