<h1>Finance Minister Announces Rs 14,000 Crore Capital Infusion for Public Banks; Women's Bank with Rs 1,000 Crore Launched.</h1> The Finance Minister announced a Rs 14,000 crore capital infusion for public sector banks to meet Basel III norms in the 2013-14 budget. By March 2013, Rs 12,517 crore will be infused into 13 public sector banks. To promote financial inclusion, all banks will adopt Core Banking Solutions by March 2013, and all public sector bank branches will have ATMs by March 2014. A public sector Women's Bank with Rs 1,000 crore initial capital will be established to support women and women-led enterprises. A Council of Experts will be formed to enhance the financial sector's competitiveness, with reforms forthcoming.