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9. The Centre announced a .Rs 2.1-lakh-crore capital infusion plan for state-owned banks and an
ambitious road development programme to boost the economy, which it said was "poised for
takeoff" after short-term disruption caused by structural reforms.
Banks burdened by bad loans will get .Rs 1.35 lakh crore from bonds, .Rs 18,000 crore from the
Budget and raise the remaining.Rs 58,000 crore through share sales. Fitch Ratings estimates
India's banks will need nearly $65 billion in ba ..