Bank recapitalisation plan: PSU banks set to get ₹42,239-crore Fund

The government on Wednesday February 20 approved the infusion of Rs 48,239 crore in 12 public sector banks in the current financial year(2018-2019). The government has now provided Rs 1,00,958 crore out of the Rs 1.06-lakh-crore bank recapitalisation plan. Corporation Bank emerged as the biggest beneficiary of the latest round of capital infusion with Rs 9,086 crore,followed by