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Rs.22 915 crore allocated for the capitalization needs of Public Sector Banks during the year 2016-17

News and Press Release - Dated:- 19-7-2016 - In line with the announcements made under Indradhanush and the Union Budget, Government has undertaken an exercise to assess the capitalization needs of Public Sector Banks during the year 2016-17. The capital infusion exercise for the current year is based on an assessment of need as assessed from the CAGR of credit growth for the last five years, banks own projections of credit growth and an objective assessment of the potential for growth of each P .....

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