MUMBAI (Reuters) - India will inject 69.90 billion rupees (721.50 million pounds) into nine state-run banks including State Bank of India in the financial year 2015, the finance ministry said on Saturday.
In a statement, it said the plan aimed to reward the banks' efficient use of assets and shareholder funds.
The move marks a change in the government's usual practice of injecting capital into banks which have suffered difficulties.
Other lenders due to receive government funds include Bank of Baroda
(Reporting by Abhishek Vishnoi)
