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Govt unlikely to announce capital infusion for PSBs in Budget 2022: Reports
short by Krishna Raj / on Sunday, 12 December, 2021
The government is unlikely to announce capital infusion for public sector banks (PSBs) in Budget 2022-23 as their financial health has improved on the back of reduction in bad loans, according to reports. Banks would be encouraged to raise funds from the market and also by selling their non-core assets to augment their resources, reports said.