Govt seeks nod to spend â¹80,000 crore for bank infusion plan
The government has sought Parliament's approval to issue bonds worth â¹80,000 crore to fund capital infusion into public-sector banks. This forms a part of the â¹2.11-trillion capital infusion plan announced by the government in October last year. The government is expected to issue recapitalisation bonds worth â¹1.35 trillion under the plan.