Capitalisation of Public Sector Banks during 2013-14

The capital infusion by the Government of India in Public Sector Banks (PSBs) is done with the twin objective of adequately meeting the credit requirement of the productive sectors of economy as well as to maintain regulatory capital adequacy ratios in PSBs.  The Government of India, as the majority shareholder, is committed to keep all PSBs adequately capitalized.   Infusion of capital by Government in PSBs is in addition to their internally generated capital to enable the banks to maintain a comfortable level of Tier-I CRAR.  Towards this end, the Government of India has been infusing need based capital in PSBs.   An amount of Rs.12,517 crore was infused in 13 PSBs during 2012-13.

 

The Government of India has approved infusion of Rs.14,000 crore in the PSBs during Financial Year 2013-14, through preferential allotment of equity in its favour, as per the following particulars:

Sl. No.	Name of the Public Sector Bank	Amount of capital approved for infusion by Government of India (Rs. in Crore)
01	Allahabad Bank	400
02	Andhra Bank	200
03	Bank of Baroda	550
04	Bank of  India	1,000
05	Bank of Maharashtra	800
06	Canara Bank	500
07	Central Bank of India	1,800
08	Corporation Bank	450
09	Dena Bank	700
10	IDBI Bank Ltd	1,800
11	Indian Overseas Bank	1,200
12	Oriental Bank of Commerce	150
13	Punjab and Sind Bank	100
14	Punjab National Bank	500
15	Syndicate	200
16	UCO	200
17	Union Bank of India	500
18	United Bank of India	700
19	Vijaya Bank	250
20	State Bank of India	2,000
	TOTAL	14,000

Source: Press Information Bureau.