The move won't need actual cash infusion but only an accounting entry in banks, a process which has been used before as well by the government to increase capital adequacy ratios in banks.

Jayesh Sanghrajka is currently Executive Vice President and Deputy Chief Financial Officer and has worked with Infosys for 13 years in various role in the finance department.

Paytm Canada has emerged as the number one finance application on both Google Play Store and Apple's App Store in the month of November

\"Whether demonetisation or GST, you can question the efficiency of the implementation but conceptually you cannot question it. GST is a good reform,\" says Puri.

While the Sensex gained 118 points or 0.34% to 35,260, the Nifty rose 0.38% or 40 points to 10,616 level.

The uneasy truce is likely to see the RBI ease up on some lending restrictions to help the government stimulate the economy, said the sources.