No Hike in Capital Infusion for Banks
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.