Fifteen major banks applied Thursday for 7.46 trillion yen in public funds to ease the weight of bad loans.
The Financial Reconstruction Commission is expected to approve the applications next Friday and inject new capital into the banks by March 31.
The eight applying commercial banks, which have nationwide networks, are Asahi Bank, Dai-Ichi Kangyo Bank, Daiwa Bank, Fuji Bank, Sakura Bank, Sanwa Bank, Sumitomo Bank and Tokai Bank.