NEWS & ADVICE : FIXED DEPOSITS
PNB and BOI receives capital infusion from Government
By Neelima Shankar
Mar 7, 2013
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State-owned lender, Punjab National Bank (PNB) and Bank of India (BOI) have received capital infusion of over Rs 2050 crore.

Punjab National Bank has received allotment money of Rs 1247.99 crore from the Government of India on March 4, 2013 and Bank of India on the other hand, received Rs 808.99 crore from the government.

This is a part of the Rs 12,517 crore capital infusion plan announced by the government in January. PNB got capital infusion of Rs 1285 crore last year.


 


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