No Hike in Cap­i­tal In­fu­sion for Banks

The Economic Times - - Economy: Macro, Micro & More Looking Ahead: 3-year -

The gov­ern­ment has not in­di­cated any in­crease in cap­i­tal in­fu­sion for state-run banks de­spite bad loans their rais­ing cap­i­tal needs. In FY19, banks will get ₹ 10,500 crore and ₹ 10,000 crore in FY20. This is al­most same as ₹ 10,000 the banks will get this year. In FY17, they re­ceived ₹ 25,000 crore. The gov­ern­ment is now look­ing to merge weak banks with stronger ones.

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