PSU banks to raise ₹10,000 crore in two months: DFS Secretary
The government s allocation of ₹20,000 crore for 2021-22 would act as a buffer and used as and when required.
(Mint)
. Updated: 02 Feb 2021, 09:07 PM IST PTI
In the last few months, lenders including State Bank of India, Canara Bank and Punjab National Bank (PNB) have raised about ₹50,000 crore from the market
Share Via
Read Full Story
NEW DELHI :
Public sector banks (PSBs) are planning to raise about ₹10,000 crore through a mix of equity and debt in the remaining two months of the current fiscal ending March to support credit pick up and meet regulatory requirements.