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Business News/ Budget 2015 / Budget News/  Budget 2015 | State-owned banks to be boosted with $1.3 bn capital injection
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Budget 2015 | State-owned banks to be boosted with $1.3 bn capital injection

Reuters

Arun Jaitley says India plans to infuse $1.29 billion of capital into state-owned lenders

India will infuse `79.4 billion of capital into state-owned lenders during the fiscal year ending March 2016. Photo: Mint (Mint)Premium
India will infuse `79.4 billion of capital into state-owned lenders during the fiscal year ending March 2016. Photo: Mint
(Mint)

New Delhi: India plans to infuse ₹ 79.4 billion ($1.29 billion) of capital into state-owned lenders during the fiscal year ending March 2016, Union finance minister Arun Jaitley said, while presenting the annual budget, on Saturday.

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Published: 28 Feb 2015, 02:09 PM IST
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