Govt gives ex-post-facto nod to capital infusion in EXIM Bank

Last Updated: Wednesday, September 9, 2015, 20:20

The government on Wednesday gave its ex-post-facto approval to 800 crore capital infusion made in the Export Import Bank of India (EXIM Bank).

SBI fixes Rs 274.37 price for preferential share issue to govt

Last Updated: Thursday, September 3, 2015, 21:43

Country's largest lender SBI on Thursday said it will issue over 19.6 crore shares on preferential basis at a price of Rs 274.37 per share to the government for raising Rs 5,393 crore capital.

Govt to infuse Rs 947 crore in Canara Bank

Last Updated: Monday, August 31, 2015, 15:14

It said the board of the bank at a meeting held today approved the proposal of issuing equity shares on preferential basis to the government in lieu of the capital infusion.

Govt to infuse Rs 5,393 cr in SBI; IOB, UBI to also get funds

Last Updated: Tuesday, August 25, 2015, 23:28

Country's largest lender SBI Tuesday said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,393 crore.

Govt to infuse Rs 1,140 cr capital into Allahabad, Corp Bank

Last Updated: Monday, August 24, 2015, 22:51

State-run Corporation Bank Monday said its board has approved capital infusion of Rs 857 crore by the government.

Banks seek shareholders' nod for Rs 5,934-crore capital infusion

Last Updated: Saturday, August 22, 2015, 22:33

Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.

Capital injection key to Basel-III transition of PSBs: Ind-Ra

Last Updated: Friday, August 14, 2015, 21:30

Indian banks may need up to Rs 1 trillion over and above their Basel-III capital requirements to manage the concentration risks arising out of their exposure to highly levered, large stressed corporates, India Ratings and Research (Ind-Ra) said Friday.

Govt to inject Rs 20K crore in PSU banks in a month, SBI to get Rs 5K crore

Last Updated: Friday, August 14, 2015, 20:09

Govt will infuse Rs 20,088 crore into 13 PSU banks within a month's time with country's largest lender SBI cornering a hefty Rs 5,531 crore.

Govt to infuse Rs 70,000 cr in PSU banks in 4 years: Arun Jaitley

Last Updated: Tuesday, August 11, 2015, 16:57

Government proposes to infuse Rs 70,000 crore in public sector banks in four years from budgetary allocations, Finance Minister Arun Jaitley said Tuesday.

Govt capital infusion in PSBs credit positive: Moody's

Last Updated: Thursday, August 6, 2015, 17:09

The government is aiming to improve the Tier 1 capital ratios for all PSU banks.

Infusion of Rs 70,000 cr in PSBs will fuel economic gowth: FICCI

Last Updated: Monday, August 3, 2015, 23:05

Welcoming government's plan to recapitalise public sector banks with infusion of Rs 70,000 crore over the next four years, FICCI Monday said it augurs well for the banking sector and will help fuel economic growth.

Over Rs 40K crore revival package to nurse 46 ailing PSUs: Govt

Last Updated: Friday, July 31, 2015, 20:16

The government has approved Rs 40,885 crore revival package for 46 ailing PSUs, including National Jute Manufacturers Corporation, HMT Ltd, Cement Corporation of India, Konkan Railway Corporation, ITI Ltd and Bharat Coking Coal, Parliament was informed today.