Lok Sabha Question No. 147 (UNSTARRED), answered on 2017-12-15
Subject: Capital Infusion Strategy for the PSBs
Ministry: FINANCE
Asked by: SUPRIYA SADANAND SULE, RAJEEV SHANKARRAO SATAV, P.R. SUNDARAM, VIJAYSINH MOHITE PATIL, JAYAKUMAR JAYAVARDHAN, HEENA VIJAYKUMAR GAVIT, DHANANJAY BHIMRAO MAHADIK

## GOVERNMENT  OF INDIA MINISTRY  OF FINANCE DEPARTMENT  OF FINANCIAL SERVICES

## LOK SABHA

## UNSTARRED QUESTION NO.147

TO BE ANSWERED  ON THE 15 TH  December  2017/ Agrahayana  24, 1939 (SAKA)

Capital Infusion  Strategy  for  the PSBs

## 147.   SHRIMATI SUPRIYA  SULE:

SHRI SATAV  RAJEEV:

SHRI P.R. SUNDARAM:

SHRI MOHITE PATIL VIJAYSINH  SHANKARRAO:

DR. J. JAYAVARDHAN:

DR. HEENA VIJAYKUMAR  GAVIT:

SHRI DHANANJAY  MAHADIK:

Will  the Minister  of FINANCE  be pleased to state:

- (a) whether   the  Government   is  working   on  capital infusion   strategy   for  the  Public Sector Banks (PSBs), if so, the details  thereof  along  with  the details  of capital  infused  to PSBs during  the last three  years  and the current  year,  bank-wise;
- (b) whether  the PSBs have demanded  more  capital  infusion  in view  of the action  taken by the Government  thereon;
- (c) whether  the infusion  of such capital  is sufficient  enough  to aid the PSBs, if so, the details  of the losses recovered  by  each bank  thereof,  bank-wise;  and
- (d) the other  steps taken  by  the Government  to boost credit  disbursement?

## ANSWER

The Minister  of State in the Ministry  of Finance (SHRI SHIV PRATAP  SHUKLA)

- (a) and (b): Keeping in view  requirements  of PSBs, Government  has recently  announced decision   to  recapitalise   Public   Sector   Banks   (PSBs)  to  the  tune   of  Rs.  2,11,000 crore, through   recapitalisation bonds  of  Rs.  1,35,000 crore   and  budgetary   provision   of  Rs. 18,139  crore   (Under   Indradhanush   plan)   over  two   financial   years,   and  the  balance through   capital raising   by   banks   from   the  market.   Details   of  capital infusion   in  PSBs since financial  year  2014-15 are annexed.
- (c)  and  (d):  Under   the  Indradhanush   Plan,   Government   is  committed   to  making budgetary  provisions  till  March  2019 to ensure  that  PSBs remain  adequately  capitalised  to support  economic  growth.  Through  infusion  of capital,  Government  acquires  equity  in PSBs and helps maintain  their  capital adequacy. Such infusion  is not for loss recovery.

## Lok Sabha Unstarred  Question  No. 147  for  15.12.2017, regarding  'Capital  Infusion Strategy  for  the PSBs'

Details  of  capital  infused  in  Public  Sector  Banks  by  the  Government   since financial year 2014-15

(In crore  Rupees)

| S. No.   | Bank                    |   2014-15 |   2015-16 |   2016-17 | 2017-18   |
|----------|-------------------------|-----------|-----------|-----------|-----------|
| 1        | AllahabadBank           |       320 |       973 |    451    | -----     |
| 2        | Andhra Bank             |       120 |       378 |   1100    | -----     |
| 3        | Bank ofBaroda           |      1260 |      1786 |      0    | -----     |
| 4        | Bank ofIndia            |         0 |      3605 |   2838    | -----     |
| 5        | Bank ofMaharashtra      |         0 |       394 |    300    | -----     |
| 6        | CanaraBank              |       570 |       947 |    745.18 | -----     |
| 7        | CentralBank ofIndia     |         0 |       535 |   1397    | -----     |
| 8        | Corporation Bank        |         0 |       857 |    508    | -----     |
| 9        | DenaBank                |       140 |       407 |   1046    | -----     |
| 10       | IndianBank              |       280 |         0 |      0    | -----     |
| 11       | IndianOverseasBank      |         0 |      2009 |   2651    | -----     |
| 12       | OrientalBankof Commerce |         0 |       300 |      0    | -----     |
| 13       | PunjabNationalBank      |       870 |      1732 |   2112    | -----     |
| 14       | SyndicateBank           |       460 |       740 |    776    | -----     |
| 15       | StateBank ofIndia       |      2970 |      5393 |   5681    | -----     |
| 16       | UCOBank                 |         0 |       935 |   1925    | -----     |
| 17       | UnionBank ofIndia       |         0 |      1080 |    541    | -----     |
| 18       | UnitedBank ofIndia      |         0 |       480 |   1026    | -----     |
| 19       | VijayaBank              |         0 |       220 |      0    | -----     |
| 20       | IDBI Bank               |         0 |      2229 |   1900    | 1861.00   |
|          | Total                   |      6990 |     25000 |  24997.2  | 1861.00   |

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