Lok Sabha Question No. 342 (STARRED), answered on 2019-01-04
Subject: Improvement of Banking Sector and PSUs
Ministry: FINANCE
Asked by: GOPAL CHINAYYA SHETTY

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

## LOK SABHA

STARRED QUESTION NO. *342

TO BE ANSWERED ON THE 4 TH   JANUARY  2019/ PAUSHA  14, 1940  (SAKA)

Improvement  of Banking Sector and  PSUs *342. SHRI GOPAL  SHETTY:

Will  the Minister  of FINANCE  be pleased to state:

- (a) whether   the  Government   has  allocated   funds  to  the  banking   sector  and  other Public  Sector  Undertakings (PSUs) with  a view  to improving  their  condition;  and
- (b) if so, the details  thereof  indicating  the amount  allocated  to the banking  sector and PSUs, separately,  for this  purpose,  date and undertaking-wise?

ANSWER The Finance  Minister

(SHRI ARUN  JAITLEY)

- (a) and (b):  A statement  is laid  on the Table  of the House. ***

## STATEMENT FOR LOK SABHA  STARRED QUESTION NO. *342 FOR 4 TH JANUARY  2019  REGARDING  'IMPROVEMENT OF BANKING  SECTOR AND PSUS' BY SHRI GOPAL  SHETTY, MEMBER OF PARLIAMENT

(a) and (b): Yes sir,  in recent  past, Rs. 90,000 crore  was allocated  in the Union  Budget and infused in various  PSBs by  the Government  during  financial  year  (FY) 2017-18. In the budget estimates  of FY 2018-19, Rs. 65,000 crore  has been allocated  for recapitalisation of  PSBs  and  an  amount   of  Rs.  51,533  crore   has  been  infused   in  PSBs  till   31.12.2018. PSBs-wise details  of capital infusion  by  Government  in PSBs in FY 2017-18 and up to 31.12.2018  in FY 2018-19 are at Annex.

India Infrastructure  Financial  Company  Limited  (IIFCL) is the only  Central  Public  Sector Enterprise  under the administrative control  of the Department  of Financial  Services.  An amount  of Rs. 100 crore  each in FY 2017-18 and FY 2018-19 was allocated  in the Union Budget and infused in IIFCL by  the Government.

***

## Annexure LOK SABHA  STARRED QUESTION NO. *342 FOR 4 TH  JANUARY  2019, REGARDING  'IMPROVEMENT OF BANKING  SECTOR AND PSUs'

## Capital Infusion  by Government  in Public Sector Banks

Amounts  in crore  Rs.

|   S.No. | Bank                    | 2017-18   | 2018-19 (till 31.12.2018)   |
|---------|-------------------------|-----------|-----------------------------|
|       1 | AllahabadBank           | 1,500     | 4,844                       |
|       2 | Andhra Bank             | 1,890     | 2,019                       |
|       3 | Bank ofBaroda           | 5,375     |                             |
|       4 | Bank ofIndia            | 9,232     | 10,086                      |
|       5 | Bank ofMaharashtra      | 3,173     | 4,498                       |
|       6 | CanaraBank              | 4,865     |                             |
|       7 | CentralBank ofIndia     | 5,158     | 4,032                       |
|       8 | Corporation Bank        | 2,187     | 2,555                       |
|       9 | DenaBank                | 3,045     |                             |
|      10 | IDBI Bank Limited       | 12,471    |                             |
|      11 | IndianBank              | 0         |                             |
|      12 | IndianOverseasBank      | 4,694     | 2,157                       |
|      13 | OrientalBankof Commerce | 3,571     | 5,500                       |
|      14 | PunjabNationalBank      | 5,473     | 8,247                       |
|      15 | Punjab&SindBank         | 785       |                             |
|      16 | SyndicateBank           | 2,839     | 2,360                       |
|      17 | UCOBank                 | 6,507     | 3,076                       |
|      18 | UnionBank ofIndia       | 4,524     |                             |
|      19 | UnitedBank ofIndia      | 2,634     | 2,159                       |
|      20 | VijayaBank              | 1,277     |                             |
|      21 | StateBank ofIndia       | 8,800     |                             |

Source: Banks