The
Government will infuse Rs 14,000 crore in public sector banks within next few
days, Financial Services Secretary Rajiv Takru said.
In the
meantime, Economic Affairs Secretary Arvind Mayaram has said that overtly
emphasis should not be laid on the decisions of the Fed in the manner in which
the economy will unfold.
Talking to reporters
at North Block, Takru said: “14,000-crore infusion will be done in one go.
Decision can be taken during the next 10-15 days.’’
“Current
non-performing situation does not make us happy but still there is no danger to
our banks,’’ he said, while adding that NPA situation will be discussed during
the meeting next week.
