Govt unlikely to announce capital infusion for PSU banks in Union Budget 2022

The government is unlikely to announce capital infusion for public sector banks (PSBs) in the upcoming Budget, as their financial health has improved on the back of reduction in bad loans, sources said. To augment their resources, banks would be encouraged to raise funds from the market and also by selling their non-core assets, they added.

from IndiaTV Business: Google News Feed Govt unlikely to announce capital infusion for PSU banks in Union Budget 2022
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