Government to infuse Rs 20,000 crore in India's state-run banks

In April, Reuters reported that New Delhi had assured state banks that it is ready to provide capital support as the coronavirus pandemic may lead to a surge in bad loans as economic growth slows. The government has already pumped in Rs 3.5 lakh crore in the last five years to rescue its banks.

from Economy-News-Economic Times https://ift.tt/2Zw4mVa