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Equity Support to Psu Banks

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....quity Support to Psu Banks <br>News and Press Release<br>Dated:- 8-3-2011<br><BR>Government has decided to provide equity support to public sector banks (PSBs) to enable to maintain Tier I CRAR at 8% ....

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....and also to those PSBs where Government of India's holding is less than 58% to raise Government of India holding in these PSBs to 58%. Modalities in this regard are being worked out. This informat....

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....ion was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Rajya Sabha today.<BR> News - Press release - PIB....