Lok Sabha Question No. 146 (UNSTARRED), answered on 2019-11-18
Subject: Capital Infusion into PSBs
Ministry: FINANCE
Asked by: Pradyut Bordoloi

## GOVERNMENT OF INDIA

## MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO. 146

TO BE ANSWERED ON THE 18 TH NOVEMBER 2019/ KARTIKA 27, 1941 (SAKA)

## Capital Infusion into PSBs

## 146. SHRI PRADYUT BORDOLOI:

Will the Minister of FINANCE be pleased to state:

- (a) the complete details of capital infusion done into Public Sector Banks (PSBs) by the Government during each of the last six years, Bank and State/UT-wise;
- (b) whether there has been a commensurate rise in the valuations of these banks post the consistent capital infusion, if so, the details thereof and if not, the reasons therefor; and
- (c) the present status of 'project Shakti' and the complete details of steps/ action taken by the Government in this regard?

## ANSWER

## THE MINISTER OF STATE FOR FINANCE (SHRI ANURAG SINGH THAKUR)

- (a) and (b): Capital infusion by the Government into Public Sector Banks (PSBs) is done at the bank level. Details of capital infusion by Government into PSBs during the last six financial years and the current financial year are at Annex. As per declared results, market capitalisation of the banks listed in the Annex, has increased over this period by Rs. 3.18 lakh crore.
- (c): No project named 'Project Shakti' is currently being implemented by the Ministry of Finance.

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## Lok Sabha Unstarred Question no. 146 for answer on 18.11.2019, regarding 'Capital Infusion into PSBs'

## Details of capital infusion by Government into PSBs

Amount in crore Rs.

| Bank                      | FY* 2013-14   | FY 2014-15   | FY 2015-16   | FY 2016-17   | FY 2017-18   | FY 2018-19   | FY 2019-20 (till date)   |
|---------------------------|---------------|--------------|--------------|--------------|--------------|--------------|--------------------------|
| Allahabad Bank            | 400           | 320          | 973          | 451          | 1,500        | 11,740       | -                        |
| Andhra Bank               | 200           | 120          | 378          | 1,100        | 1,890        | 5,275        | -                        |
| Bank of Baroda            | 550           | 1,260        | 1,786        | -            | 5,375        | 5,042        | 7,000                    |
| Bank of India             | 1,000         | -            | 3,605        | 2,838        | 9,232        | 14,724       | -                        |
| Bank of Maharashtra       | 800           | -            | 394          | 300          | 3,173        | 4,703        | -                        |
| Canara Bank               | 500           | 570          | 947          | 745          | 4,865        | -            | 6,571                    |
| Central Bank of India     | 1,800         | -            | 535          | 1,397        | 5,158        | 6,592        | 3,353                    |
| Corporation Bank          | 450           | -            | 857          | 508          | 2,187        | 11,641       | -                        |
| Dena Bank                 | 700           | 140          | 407          | 1,046        | 3,045        | -            | -                        |
| Indian Bank               | -             | 280          | -            | -            | -            | -            | 2,534                    |
| Indian Overseas Bank      | 1,200         | -            | 2,009        | 2,651        | 4,694        | 5,963        | 3,857                    |
| Oriental Bank of Commerce | 150           | -            | 300          | -            | 3,571        | 6,686        | -                        |
| Punjab National Bank      | 500           | 870          | 1,732        | 2,112        | 5,473        | 14,155       | 16,091                   |
| Punjab & Sind Bank        | 100           | -            | -            | -            | 785          | -            | 787                      |
| Syndicate Bank            | 200           | 460          | 740          | 776          | 2,839        | 3,963        | -                        |
| State Bank of India       | 2,000         | 2,970        | 5,393        | 5,681        | 8,800        | -            | -                        |
| UCO Bank                  | 200           | -            | 935          | 1,925        | 6,507        | 6,406        | 2,130                    |
| Union Bank of India       | 500           | -            | 1,080        | 541          | 4,524        | 4,112        | 11,768                   |
| United Bank of India      | 700           | -            | 480          | 1,026        | 2,634        | 4,998        | 1,666                    |
| Vijaya Bank               | 250           | -            | 220          | -            | 1,277        | -            | -                        |
| Bhartiya Mahila Bank      | 1,000         | -            | -            | -            |              | -            | -                        |
| IDBI Bank **              | 1,800         | -            | 2,229        | 1,900        | 12,471       | -            | 4,557                    |