The Government hasin principle decided to enhance the amount of capital to be infused into Public Sector Banks. The additional amount will be provided to banks to enable them to lend to borrowers in selected sectors at lower rates in order to stimulate demand. The move is also expected to give a boost to capacity addition, employment and production.
News On AIR | October 3, 2013 8:46 PM
Govt decides to infuse more capital into Public Sector Banks