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Wednesday, February 20, 2019

Govt announces Rs 48,239 crore recapitalisation plan for 12 PSU banks

Financial services secretary Rajiv Kumar said that the government will infuse Rs 9,086 crore in Corporation Bank and Rs 6,896 crore in Allahabad Bank -- the two "better-performing" banks currently under the Prompt Corrective Action (PCA) supervision of the RBI.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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