Capital infusion of Rs 20,000 crore in public sector banks likely by September

Last Updated: Friday, July 31, 2015, 20:15

Finance Ministry is expected to disburse about Rs 20,000 crore to various public sector banks in the next two months to shore up their capital base.

Bank stocks in limelight; surge up to 8%

Last Updated: Friday, July 31, 2015, 19:05

Bank stocks were in limelight Friday, surging up to 8 percent, after the government announced plans to infuse fresh capital into state-run lenders.

Capital infusion of Rs 25,000 crore a good beginning: Rajan

Last Updated: Friday, July 31, 2015, 18:36

Reserve Bank Governor Raghuram Rajan on Friday said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning".

Govt seeks Parliament nod for Rs 25,500 cr additional spending

Last Updated: Friday, July 31, 2015, 16:38

The Finance Ministry on Friday sought Parliament's nod to spend an additional Rs 25,500 crore in the current fiscal, nearly half of which will be spent on capital infusion into state-owned banks to help them overcome the high bad loans situation.

Yes Bank plans $1-billion ADR issue next fiscal

Last Updated: Sunday, June 28, 2015, 12:42

Mid-sized private sector lender Yes Bank has said it would prefer raising money through an ADR issue under its USD 1-billion capital infusion plan next fiscal and stressed that the court order in a case involving its promoters will not impact these plans.

Standards adopted by RBI compliant with Basel standards: Report

Last Updated: Tuesday, June 16, 2015, 22:48

The standards adopted by the Reserve Bank with regard to risk-based capital requirements are 'compliant' with minimum Basel capital standards, the central bank said on Tuesday.

Finance minister says sees merit in state banks' demand for more capital

Last Updated: Friday, June 12, 2015, 15:24

India`s state-owned banks have made a "strong case" for higher capital infusion by the government, Finance Minister Arun Jaitley said on Friday, adding he saw a merit in the demand.

PSU banks need more time to improve credit profile: Moody's

Last Updated: Wednesday, May 13, 2015, 14:46

Indian PSU banks will need years to improve their credit profiles as the asset quality is tied up with a slow, multi-year recovery of corporate balance sheets, said global ratings agency Moody's on Wednesday.

Bank in distress too will get capital support from govt: Rajan

Last Updated: Thursday, April 9, 2015, 17:15

Reserve Bank Governor Raghuram Rajan Thursday said that banks in distress will get capital support from the government if they make a clear case for recapitalisation.

Govt infuses Rs 6,690 crore in nine PSBs in FY 2015

Last Updated: Wednesday, April 1, 2015, 18:05

The government has pumped in Rs 6,690 crore in nine public sector banks, including SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Syndicate Bank for the fiscal ended March 31, 2015 to strengthen their capital base.

South Indian Bank to raise upto Rs 500 crore through bonds

Last Updated: Wednesday, February 25, 2015, 13:14

Kerala-based South Indian Bank will raise up to Rs 500 crore by way of tier-II bonds to meet future credit demand.

SBI to fix issue price for Rs 2,970 cr infusion by March-end

Last Updated: Friday, February 20, 2015, 20:57

State Bank of India will decide on issue price of equity shares on preferential basis to the government for Rs 2,970 crore capital infusion on March 24.