Between FY09 and FY15, all decisions to infuse capital into state-run banks seemed to be based on ad hoc considerations, varying from year to year
Over the years, the government of India has been infusing “need-based" capital in public sector banks (PSBs) to enable them to maintain capital adequacy (both Tier I and Tier II capital under Basel II norms) while meeting the credit growth expectations. The capital infusion has so far generally been through preferential allotment of equity shares by the banks to their majority owner—the government.
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