The government will infuse Rs 48,239 crore in 12 public-sector banks to provide minimum regulatory capital to banks that come under Reserve Bank of India’s prompt corrective action framework, and to prevent weak banks from breaching the framework’s triggers.

With this, the government has infused Rs 1 lakh crore in public-sector banks in this financial year.

The capital infusion will:

After this tranche of capital infusion, Rs 5,000 crore will remain to be infused by the government in public-sector banks for the current financial year.

"It (pending Rs 5,000 crore) may be used for any contingency or for growth capital wherever it's necessary, including amalgamated entity of Bank of Baroda," Department of Financial Services Secretary Rajiv Kumar told reporters.