Ministry of Finance

Nearly Rs. 52,000 Crore Capital infused in PSBs under Indradhanush Plan

Posted On: 20 DEC 2017 2:37PM by PIB Delhi

 

The Government has so far infused capital of Rs. 51,858 crore in PSBs. Bank-wise detail are Annexed (Annexure-A).

Government allocated a sum of Rs. 22,915 in 13 PSBs during the FY 2016-17 under first tranche of capital infusion out of which a sum of Rs. 16,414 (75%) was infused upfront and the remaining amount was to be infused based on the performance of the respective banks.

 

            Government of India proposed to make available Rs. 70,000 crore out of budgetary allocations for infusing capital in Public Sector Banks (PSBs). Amounts of Rs. 25,000 crore each in the financial years 2015-16 and 2016-17, and Rs. 10,000 crore each in financial years 2017-18 and 2018-19, were envisaged.

Annexure-A

Details of Capital infused in Public Sector Banks (PSBs)

by Government since financial year 2015-16

 

 

 

 

 

(In crore Rupees

S. No.

Bank

2015-16

2016-17

2017-18

 

1

AllahabadBank

973.00

451.00

----

 

2

Andhra Bank

378.00

1100.00

----

 

3

Bank of Baroda

1786.00

0.00

----

 

4

Bank of India

3605.00

2838.00

----

 

5

Bank of Maharashtra

394.00

300.00

----

 

6

Canara Bank

947.00

745.18

----

 

7

CentralBank of India

535.00

1397.00

----

 

8

CorporationBank

857.00

508.00

----

 

9

Dena Bank

407.00

1046.00

----

 

10

Indian Overseas Bank

2009.00

2651.00

----

 

11

OrientalBank of Commerce

300.00

0.00

----

 

12

Punjab NationalBank

1732.00

2112.00

----

 

13

SyndicateBank

740.00

776.00

----

 

14

State Bank of India

5393.00

5681.00

----

 

15

UCO Bank

935.00

1925.00

----

 

16

UnionBank of India

1080.00

541.00

----

 

17

United Bank of India

480.00

1026.00

----

 

18

VijayaBank

220.00

0.00

----

 

19

IDBI Bank

2229.00

1900.00

1861.00

 

 

Total

25000

24997.2

1861.00

 

 

This information was shared in Lok Sabha in a reply to a written question.

 

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