Capital infusion: Govt infuses Rs 10,882 crore in four PSU banks
The bank has received Rs 3,074 crore in the equity by way of preferential allotment on Monday, UCO Bank said in a regulatory filing. Besides, Bank of Maharashtra got Rs 4,498 crore, Syndicate Bank Rs 1,632 crore and Central Bank of India Rs 1,678 crore.
The government pumped in Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds. Image source: PTI