HomeNews News Govt to put Rs 10,000 crore in PSU banks in FY18 Govt to put Rs 10,000 crore in PSU banks in FY18

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Govt to put Rs 10,000 crore in PSU banks in FY18

Govt to put Rs 10,000 crore in PSU banks in FY18

Thursday, February 2, 2017, 12:22 PM

While presenting Union Budget 2017-2018, Finance Minister Arun Jaitley said that, as per the Indradhanush plan the government will infuse Rs. 10,000 crore in public sector banks in the next fiscal and more will be provided if required. Under Indradhanush roadmap announced in 2015, the government will infuse Rs. 70,000 crore in state banks over four years.
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