Capital Infusion Insufficient?
  • Prabha Hedge
  • Feb 18 2014

February 17: In his interim budget speech, the Finance Minister announced capital infusion of Rs.11,200 crore for public sector banks. This comes at a time when the small and medium sized public sector banks are struggling to meet the Basel 3 capital adequacy norms. Also, this comes at a time when the government's fund infusion has seen a fall year-on-year. Saloni Shukla tells you what the announcement means for Indian banks.