Capital Infusion in Public Sector Banks by the Government in 2013-14

The government made a capital infusion amounting to Rs. 14000 crores in Public Sector Banks during the financial year 2013-14. Thus, capital infusion by the government in Public Sector Banks registered a growth of Rs. 1483 crores (11.85%) in the financial year 2013-14 as compared to the capital infusion of Rs. 12517 crores in the financial year 2012-13. The mode of payment was preferential allotment of equity.

The top 10 Public Sector Banks which received highest capital infusion during the financial year 2013-14 were: State Bank of India with Rs. 2000 crores (14.29% of the total capital infusion by the government); Central Bank of India with Rs. 1800 crores (12.86%); IDBI Bank Ltd with Rs. 1800 crores (12.86%); Indian Overseas Bank with Rs. 1200 crores (8.57%); Bank of India with Rs. 1000 crores (7.14%); Bank of Maharashtra with Rs. 800 crores (5.71%); Dena Bank with Rs. 700 crores (5%); United Bank of India with Rs. 700 crores (5%); Bank of Baroda with Rs. 550 crores (3.93%) and Canara Bank with Rs. 500 crores (3.57%).