Government to infuse â¹88,000 crore in 20 state-run banks
The Centre on Wednesday announced it would infuse â¹88,139 crore as capital into 20 state-owned banks during the current fiscal. IDBI Bank will get the most at â¹10,610 crore, followed by Bank of India and SBI which will receive â¹9,232 crore and â¹8,800 crore respectively. This is the first batch of the â¹2.11 lakh crore recapitalisation plan announced last year.