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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