PSU banks fell after Finance Minister P Chidambaram, in the interim budget for FY14-15, proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year. This amount is lower than the amount that the government infused in the previous year. The government infused Rs 14,000 crore in various public sector banks in this financial year. Of this, the State Bank of India got Rs 2,000 crore while Indian Overseas Bank received Rs. 1,200 crore.
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