Six public sector banks get â¹7,500 crore capital from govt
The government has provided over â¹7,500 crore to six state-owned banks so that they meet the prescribed regulatory capital requirement. These banks include Bank of India, IDBI Bank, UCO Bank, Bank of Maharashtra, Dena Bank and Central Bank of India. Earlier in October, the government approved a â¹2.11-lakh crore plan to recapitalise state-owned banks over the current and next fiscal.