United Bank of India (BSE:533171) has shelved its INR 15 billion capital raising plan ahead of the proposed three-way merger with Punjab National Bank (BSE:532461) and Oriental Bank of Commerce (BSE:500315). The Centre, instead, will pitch in with INR 16.66 billion. “We are capital complaint. We can add another INR 100 billion in our top-line in the year 2020 with the government's capital infusion,” bank Chief Executive Officer Ashok Kumar Pradhan told ET. The bank had set a target of taking its loan outstanding to about INR 820 billion from INR 731.23 billion at the end of March.