London - The British government believes that the "decisive action" taken to stabilize leading banks will help it get through the current financial turmoil, Alistair Darling, the Chancellor of the Exchequer, said Monday.

"The steps we have taken are pretty significant," Darling told the BBC. However, he insisted that the government did "not want to run banks."

"Our sole aim is to strenghten and rebuild British banks," he said.

However, it was important that other countries followed Britain's example of putting cash into ailing banks, he said.

The government believed that banks should be "run on a commercial basis at arm's lenght from the government."

Under the plan announced Monday, the government will inject 37 billion pounds (65 billion dollars) into three banks, and take a majority share in the Royal Bank of Scotland (RBS). (dpa)