State Bank Of India

State Bank of India (SBI) is likely to get Rs. 4,000 crore as capital infusion for the current fiscal to boost its capital base from government. The finance ministry is actively looking into a proposal to infuse this money and will be deciding in next few months.

In the previous year, the government had infused Rs. 7,900 crore in SBI to increase the Tier-I capital of the bank. Following the capital infusion in March 2012, the government holding in the bank rose to 61.6% from 59.4%.