Finance Ministry may provide capital support to some PSBs in third quarter

The fund infusion would be for meeting regulatory capital requirements if the need arises in October-December quarter. In 2019-20, the government infused Rs 70,000 crore into PSBs to boost credit for a strong impetus to the economy.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Gf6VnG
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