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Govt. announces Rs.48,239 crore bank recapitalisation plan to help PSBs

The government has announced a new bank recapitalisation plan on Wednesday to help struggling public sector banks boost their growth. Under this plan, 12 public sector...

Stocks of major PSU banks surge on Wednesday: Effect of PSUs...

Following the government’s announcement about the Rs.2.11 trillion recapitalisation plan for public sector banks, stocks of all the major state-owned banks have seen a...