Government infused Capital Investments in Banks

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Public Sector Banks (PSBs)
Public Sector Banks (PSBs)

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

 

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