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Government approves second tranche of capital infusion in PSU banks

Government approves second tranche of capital infusion in PSU banks

Friday, March 17, 2017, 10:41 PM

The government has approved the second tranche of capital infusion in public sector banks to enhance their capital base. In a regulatory filing to the stock exchanges, Dena Bank said, it has received a communication from Government of India vide its letter dated March 16, 2017 informing inter alia capital allocation of Rs 600 crore as part of turnaround linked infusion plan."
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