capital infusion | Zee News

Advertisement

Newscapital infusion

Capital infusion News

public sector banks

11 Sep 2019

Government to infuse Rs 55,000 crore into Public Sector Banks in a week

FM Nirmala Sitharaman had announced the capital infusion of Rs 55,000 in 10 PSBs to be consolidated into 4 large Banks so that their capital base can be improved.

09 Sep 2019

Cabinet may take up capital infusion in BSNL, MTNL in September

The funds infusion in both BSNL and MTNL, according to sources will be through bonds as has been the case of PSU bank recapitalisations.

capital infusion

26 Aug 2019

Rs 70K crore PSB infusion to push loan growth by 15%: Moody's

Announcing the capital infusion on Friday, the government also rolled back recent tax hikes on foreign and domestic equity investors in an attempt to boost market sentiment and revive the slowing economy.

public secctor banks

29 Oct 2017

Recap plan to boost public sector bank stake sale

According to Assocham, once bank lending begins to pick up, there would be consequent advantages by way of higher economic growth and tax buoyancy.

capital infusion

25 Oct 2017

Capital infusion of PSBs to support credit growth, job creation

The government on October 24 unveiled Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution.

RBI deputy governor

17 Jun 2017

PSU banks may need more than budgeted capital infusion: Mundra

RBI Deputy Governor S S Mundra has said public sector banks may require more than the budgeted Rs 10,000 crore capital infusion from the government in the current fiscal on account of higher provisioning for bad loans and haircut on stressed assets.

State Bank of India

19 Jan 2017

Govt to infuse Rs 1,894 crore capital in State Bank of India

The government, which is infusing Rs 1,894 crore capital into State Bank of India, has asked the country's largest lender to take necessary regulatory approvals for the fund infusion.

15 Jan 2017

Finance Ministry likely to finalise capital infusion plan for PSBs; to exceed Rs 25,000 crore

Based on the request of various lenders which have been impacted by demonetisation amid rising bad loans, the Finance Ministry is likely to finalise capital infusion plan for public sector banks (PSBs) this week.

29 Oct 2016

SBI to allot shares to govt for capital infusion of Rs 5,681 crore

Country's largest lender SBI on Saturday said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,681 crore.

11 Sep 2016

FPIs infuse $1 billion in capital markets in September

Foreign investors have pumped in nearly Rs 6,800 crore (USD 1 billion) into the country's capital markets so far this month, driven by global and domestic factors.

05 Sep 2016

Next round of capital infusion in PSBs post Q3 results

Government has set parameters for public sector banks for receiving capital support and only those lenders which fulfil the criteria post third quarter results would be eligible for funds.

S&P Global Ratings

02 Aug 2016

PSBs need Rs 2.5 lakh crore capital over 3 years: S&P

International rating agency S&P Global Ratings on Tuesday said that Indian state-run banks will need Rs 2.5 lakh crore capital infusion over the next three years to meet Basel-III requirements.

31 Jul 2016

Submit plans for fund raising from market: FinMin to PSU banks

Having announced capital infusion of Rs 22,915 crore in PSU banks, the Finance Ministry has asked them to submit plans for raising resources through markets, including public offers and sale of non-core assets.

Indian Overseas Bank

25 Jul 2016

IOB, Central Bank to benefit from capital infusion: Moody's

Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said on Monday.

capital infusion

19 Jul 2016

Capital infusion to help banks clean balance sheets: SBI chief

Government's decision to release Rs 22,915 crore as first tranche of capital infusion in state- owned banks in the current fiscal will help them clean up the balance sheets and increase lending, SBI chairman Arundhati Bhattacharya said on Tuesday.

State-run banks

19 Jul 2016

India to inject $3.4 billion in state banks to revive credit growth

India will inject 229.15 billion rupees ($3.41 billion) in 13 state-run banks to help shore up the cash-strapped lenders and revive loan growth that has hit a two-decade low.

11 Jul 2016

Government to begin fresh recapitalisation of ailing public sector banks

The Centre is likely to soon announce the first tranche of the Rs 25,000 crore capital infusion for public sector banks (PSBs), planned for this financial year (2016-17).

public sector banks

10 Jun 2016

Indian public sector banks need Rs 1.2 lakh crore capital infusion: Moody's

Indian public sector banks (PSBs) will require a capital infusion of Rs 1.2 lakh crore by 2020, in view of the heavy losses reflected in their balance sheets in 2015-16, global credit rating agency Moody`s Investors Service said in a report on Friday.

public sector banks

25 May 2016

FM Arun Jaitley to meet heads of PSU banks on June 6

Amid mounting bad loans and record losses by several public sector banks, Finance Minister Arun Jaitley will hold a meeting with the heads of PSBs on June 6 to find ways to deal with the situation.

Bank Board Bureau

22 Apr 2016

BBB to meet again today; NPAs, funds infusion on the table

BBB will also decide on filling board-level vacancies in various banks.

Loading...

NEWS ON ONE CLICK