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Nearly 52,000 Crore Capital infused in PSBs under Indradhanush Plan
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....early 52,000 Crore Capital infused in PSBs under Indradhanush Plan <br>News and Press Release<br>Dated:- 20-12-2017<br><BR>The Government has so far infused capital of ₹ 51,858 crore in PSBs. Bank-wise detail are Annexed (Annexure-A). Government allocated a sum of ₹ 22,915 in 13 PSBs during the FY 2016-17 under first tranche of capital infusion out of which a sum of ₹ 16,414 (75....
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....%) was infused upfront and the remaining amount was to be infused based on the performance of the respective banks. Government of India proposed to make available ₹ 70,000 crore out of budgetary allocations for infusing capital in Public Sector Banks (PSBs). Amounts of ₹ 25,000 crore each in the financial years 2015-16 and 2016-17, and ₹ 10,000 crore each in financial years 2017....
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....-18 and 2018-19, were envisaged. Annexure-A Details of Capital infused in Public Sector Banks (PSBs) by Government since financial year 2015-16 (In crore Rupees) S. No. Bank 2015-16 2016-17 2017-18 1 Allahabad Bank 973.00 451.00 ---- 2 Andhra Bank 378.00 1100.00 ---- 3 Bank of Baroda 1786.00 0.00 ---- 4 Bank of India 3605.00 2838.00 ---- 5 Bank of Maharashtra ....
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.... 394.00 300.00 ---- 6 Canara Bank 947.00 745.18 ---- 7 Central Bank of India 535.00 1397.00 ---- 8 Corporation Bank 857.00 508.00 ---- 9 Dena Bank 407.00 1046.00 ---- 10 Indian Overseas Bank 2009.00 2651.00 ---- 11 Oriental Bank of Commerce 300.00 0.00 ---- 12 Punjab National Bank 1732.00 2112.00 ---- 13 Syndicate Bank 740.00 776.00 ---- 14 Stat....
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....e Bank of India 5393.00 5681.00 ---- 15 UCO Bank 935.00 1925.00 ---- 16 Union Bank of India 1080.00 541.00 ---- 17 United Bank of India 480.00 1026.00 ---- 18 Vijaya Bank 220.00 0.00 ---- 19 IDBI Bank 2229.00 1900.00 1861.00 Total 25000 24997.2 1861.00 This information was shared in Lok Sabha in a reply to a written question.<BR> News - Press release - PIB....