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The government in December as well had infused Rs 28,615 cr into 7 Public Sector Banks through recapitalization bonds

Government approves recapitalization worth Rs 48,239 cr in 12 Public Sector Banks

The Reserve Bank of India (RBI) has imposed separate monetary penalties on lender Allahabad Bank and Corporation Bank over deficiencies in complying with various regulatory norms

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Government approves recapitalization worth Rs 48,239 cr in 12 Public Sector Banks

RBI penalise Allahabad Bank & Corporation Bank