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Budget plans to inject $1.3 bln into state banks in FY16

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Reuters NEW DELHI

NEW DELHI (Reuters) - India plans to infuse 79.4 billion rupees ($1.29 billion) of capital into state-owned lenders during the fiscal year to March 2016, the annual budget showed on Saturday.

($1 = 61.6489 rupees)

(Reporting by Manoj Kumar)

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First Published: Feb 28 2015 | 1:39 PM IST

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