India Said to Cut Bank Capital Infusion for This Fiscal Year

India may cut the amount of capital it plans to inject into state-controlled lenders this fiscal year by as much as 78 billion rupees because of slow loan growth, people with knowledge of the matter said. The government, which had promised to inject 250 billion rupees into the lenders in the year ending March 31, has decided to defer 21 billion rupees of the pledged amount into next financial year, the people said, asking not to be identified because the information isn’t public.