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TMI BlogInfusion of capital to PSBsX X X X Extracts X X X X X X X X Extracts X X X X ..... Infusion of capital to PSBs - News and Press Release Dated:- 20-11-2019 - News - In addition to capital infused earlier by the Government, provision of ₹ 70,000 crore has been made for inf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... usion of capital by the Government in banks in the Budget for the current Financial Year to boost credit for impetus to the economy. ₹ 60,314 crore has been infused so far from this provision, e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quipping banks for growth. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance Corporate Affairs, in a written reply to a question in Rajya Sabha. I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n accordance with instructions of the Reserve Bank of India (RBI), banks project their capital requirements to their respective Boards and as per RBI, such information is confidential. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Minister further stated that banks projections take into account all sources of capital, including Government and other investors, capital receipts from sale of assets and interna ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l accruals. Thus, in addition to the projected infusion of ₹ 70,000 crore by the Government, banks have projections and plans for mobilising capital from other sources as well. - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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