Govt announces Rs 48,239 crore recapitalisation plan for 12 PSU banks https://ift.tt/2DVHH9f - Walletnews For Me

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    Wednesday, February 20, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Govt announces Rs 48,239 crore recapitalisation plan for 12 PSU banks https://ift.tt/2DVHH9f

    Govt announces Rs 48,239 crore recapitalisation plan for 12 PSU banks https://ift.tt/2DVHH9f

    Financial services secretary Rajiv Kumar said that the government will infuse Rs 9,086 crore in Corporation Bank and Rs 6,896 crore in Allahabad Bank -- the two "better-performing" banks currently under the Prompt Corrective Action (PCA) supervision of the RBI.
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