The British government poured more money into two big banks Tuesday.

Royal Bank of Scotland (RBS) will get a further 25.5 billion pounds ($43.8 million Cdn) from the government in one injection instead of in stages as announced in February. The government's share in RBS will rise from 70 to 84 per cent.

RBS will also get tax changes worth 11 billion pounds and the government will set aside a further eight billion pounds to support the bank if its position deteriorates further.

At the same time, Lloyds Banking Group announced plans to raise at least 21 billion pounds through a record share issue and debt swap. The government plans to buy 5.7 billion pounds of that issue.

Lloyds' problems result from its rescue and takeover of Halifax/Bank of Scotland in January.

RBS also announced it will sell some branches in England, Wales and Scotland within four years to meet European Union conditions for receiving state aid.

Lloyds said it would sell certain branches in England and Wales.

Both banks agreed to curbs on bonuses.