Public bank recapitalized to the tune of Rs 128861 crore till Nov 2018: Finance Ministry

Provision of Rs 65000 crore has been made in the budget FY2018-19 for infusion

Government of India (GoI) announced recapitalization of Public Sector Banks (PSBs) to the tune of Rs 2.11 lakh crore in October 2017, through infusion of capital by the Government and raising of capital by banks from the markets.

The Government infused Rs 88139 crore in PSBs during financial year (FY) 2017-18 after the recapitalization announcement and provision of Rs 65000 crore has been made in the budget for FY2018-19 for infusion.

Since the recapitalization announcement till November 2018, PSBs have been recapitalized to the tune of Rs 128861 crore through infusion and mobilization of capital from the market.

Bank wise capital infusion (Rs crore)<?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" />

S. No

Bank

2017-18

2018-19 (up to 30.11.2018)

1

Allahabad Bank

1500

4844

2

Andhra Bank

1890

2019

3

Bank of Baroda

5375

-

4

Bank of India

9232

-

5

Bank of Maharashtra

3173

-

6

Canara Bank

4865

-

7

Central Bank of India

5158

2354

8

Corporation Bank

2187

2555

9

Dena Bank

3045

-

10

IDBI Bank Limited

12471

-

11

Indian Bank

-

-

12

Indian Overseas Bank

4694

2157

13

Oriental Bank of Commerce

3571

-

14

Punjab National Bank

5473

8247

15

Punjab and Sind Bank

785

-

16

Syndicate Bank

2839

728

17

UCO Bank

6507

-

18

Union Bank of India

4524

-

19

United Bank of India

2634

-

20

Vijaya Bank

1277

-

21

State Bank of India

8800

-

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