Govt infused over Rs 3.15 lakh crore into PSBs between FY09 and FY19

July 09, 2019 |
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Banking
Govt infused over Rs 3.15 lakh crore into PSBs between FY09 and FY19

NEW DELHI: The government has infused over Rs 3.15 lakh crore into public sector banks (PSBs) in the 11 years through 2018-19, Parliament was informed Monday. 

Replying to a question related to capital shortage in PSBs to the Lok Sabha, Minister of State for Finance Anurag Singh Thakur also said as per RBI guidelines, banks in India are required to maintain a minimum capital to risk-weighted assets ratio (CRAR) of 9 per cent. 

As on March 31, 2019, all 18 PSBs meet this minimum CRAR requirement, the minister said in the written reply. 

 

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