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Govt to infuse Rs 12,200 cr in banks; will sell 10% in EIL

The Cabinet Committee on Economic Affairs (CCEA) today cleared the proposal to infuse Rs 12,200 crore in public sector banks. Speaking to the press after the meet, finance minister P Chidambaram said around 9-10 banks are likely to be recapitalised.

first published: Jan 10, 2013 02:00 pm

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