The Union Budget 2012-13 offered to provide a sum of Rs 15,880 crore capital support to all state-run banks to help maintain their tier - I capital.
According to the revised Estimates 2011-12, the government already infused Rs 12,000 crore capital in public sector lenders in the current fiscal year to enable them maintain a minimum Tier I CRAR at 8 percent as on March 31, 2012 and also to increase shareholding of the government of India in the banks to 58 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.