Budget: Capital infusion in public sector banks undershoots market expectations

SECTIONS

Budget: Capital infusion in public sector banks undershoots market expectations

By

, ET BureauLast Updated: Feb 01, 2021, 02:43 PM IST

Share

Font Size

Save

Comment

Synopsis

For the record, the government had injected Rs Rs 80,000 crore in 2017-18, Rs 1.06 lakh crore in 2018-19 and Rs 65,443 crore in 2019-20 in the banks it owns.

In 2020-21, the government infused Rs 5,500 crore as fresh capital in PSBs through non-interest bearing special securities.

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.