New Delhi, Feb 17 IANS | 5 months ago

The government will infuse Rs.11,200 crore capital in public sector banks in the financial year 2014-15, Finance Minister P. Chidambaram said Monday.


The finance minister made this announcement while presenting the interim budget for the fiscal 2014-15 in the Lok Sabha.

Chidambaram said the public sector banks have "opened 5,207 branches so far and nearing the goal of installing an ATM at every branch."

(Posted on 17-02-2014)