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Govt to infuse ₹42,000cr in PSU banks by Dec 15

Amid the RBI-govt tussle, the centre on Monday said that it will infuse 42000 crore rupees in PSU banks by mid-December. The is part of the govt's 2.11 lakh crore capital infusion programme launched in October last year. As part of the plan, PSUs would get 1.35 lakh crore of which 82,000 crore rupees has already been infused. The central bank had also injected 8000 crore rupees into the system on the 22nd of November to ease liquidity crunch.

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Govt to infuse ₹42,000cr in PSU banks by Dec 15

Govt to infuse ₹42,000cr in PSU banks by Dec 15

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