In the budget for 2021-22, the government allocated ₹20,000 crore to infuse capital into state-owned banks
The Center is likely to pump capital into public sector banks during the last quarter of the current fiscal to meet regulatory requirements.
The government, in the 2021-22 budget, allocated ₹20,000 crore to infuse capital into state-owned banks.
The capital position of banks will be reviewed in the next quarter and investments will be made to meet regulatory requirements on need basis.
Going forward, the increase in stressed assets will determine the capital requirement, sources said.
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