List of funds released to be banks

     Written by : SMTV24x7 | Wed, Jan 24, 2018, 06:21 PM

List of funds released to be banks

NewDelhi Jan 24: The government on Wednesday has today announced the roadmap for Recapitalization of the banks that was announced last year.Finance Minister Arun Jaitley has held a press conference and announced the roadmap.

The minister has said that "depositors money in these banks is safe and no state-owned bank would fail. The government's commitment to maintaining the health of these banks is firm and unequivocal".

The list of funds available for each PSB is as follows for FY 18
# State Bank of India- Rs 8800 Cr
# Punjab National Bank- Rs 5473 Cr
#Bank of Baroda- Rs 5375 Cr
# Canara Bank-Rs 4865 Cr
#Union Bank of India-Rs 4524 Cr
#Syndicate Bank -Rs 2839 Cr
#Andhra Bank- Rs 1890 Cr
#Vijaya bank- Rs 1277 Cr
#Punjab and Sind Bank- Rs 785 Cr
# IDBI bank- Rs 10,610 Cr
#Bank of India- Rs 9232 Cr
#UCO bank -Rs 6507 Cr
#Central Bank of India -Rs 5158 Cr
#Indian overseas bank - Rs 4694 Cr
# Oriental bank of Commerce -Rs 3571 Cr
#Dena Bank -Rs 3045 Cr
#Bank of Maharastra -Rs 3173 Cr
#United Bank of India- Rs 2634 Cr
#Corporation Bank -Rs 2187 Cr
#Allahabad Bank -Rs 1500 Cr
Total Rs 88139 Cr