The Government infused a sum of Rs. 25000 crore in 19 PSBs during financial year 2015-16 and Rs. 24997.182 crore into 16 PSBs during the FY 2016-17.The capital is calculated/ provided keeping in view overall macroeconomic scenario, credit estimation, basel requirement and Reserve Bank of India recommendations if any. The Bank-wise details of capital infused into 16 PSBs during FY 2016-17 by Government of India are as under:
Rs. In Crore
S.No. | Name of the PSBs | Total allocation |
1 | Allahabad Bank | 451 |
2 | Andhra bank | 1100 |
3 | Bank of India | 2838 |
4 | Bank of Maharashtra | 300 |
5 | Canara Bank | 745.182 |
6 | Central Bank of India | 1397 |
7 | Corporation Bank. | 508 |
8 | Dena Bank | 1046 |
9 | Indian Overseas Bank | 2651 |
10 | Punjab National Bank | 2112 |
11 | Syndicate Bank | 776 |
12 | UCO Bank | 1925 |
13 | Union Bank of India | 541 |
14 | United Bank of India | 1026 |
15 | State Bank of India | 5681 |
Total |
24997.182 |