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Govt to infuse Rs 14,000 cr capital into banks

Govt to infuse Rs 14,000 cr capital into banks

To augment capital base of its public sector undertaking banks, the Union Finance Ministry on October 22 finalised a Rs 14,000-crore infusion plan, the Union government announced on October 22. The Union Finance Minister P Chidambaram said this after meeting the heads of PSU banks in Delhi.