PSU Banks: Government plans no cut in Rs 65,000 crore infusion

The government is unlikely to trim its planned Rs 65,000-crore infusion into public sector banks (PSBs) this fiscal, despite the central bank board’s move on Monday to defer the complete rollout of the capital conservation buffer (CCB) norms for banks by a year to March 2020.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2FB8N9P