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PSU banks to depend on govt for equity infusion: India Ratings

Last Updated: Tuesday, November 12, 2013, 22:44

Falling internal accruals and pressure to grow loan portfolio will make public sector banks depend more on the government for capital, a rating agency said in a report Tuesday.

Capital infusion in PSU banks to boost investment: Raghuram Rajan

Last Updated: Tuesday, October 08, 2013, 21:22

RBI Governor Raghuram Rajan Tuesday said the Finance Ministry's decision to provide more capital to PSU banks will lower the borrowing cost and increase their capacity to lend, besides promoting investments.

Govt may delay Rs 14K-cr capital infusion plan for PSU banks

Last Updated: Tuesday, August 20, 2013, 21:40

The government may delay Rs 14,000 crore fund infusion in the public sector banks in view of volatile market conditions.

Govt infuses Rs 1,248 cr in PNB, BoI gets Rs 809 cr

Last Updated: Wednesday, March 06, 2013, 21:30

Two state owned lender Punjab National Bank (PNB) and Bank of India (BoI) Wednesday said they have received capital infusion of over Rs 2,050 crore, following the allotment of preferential shares to the government.

Cabinet to soon consider holding co proposal for PSU banks

Last Updated: Wednesday, January 16, 2013, 22:18

The government is likely to consider within a few weeks a proposal for setting up a holding company for public sector banks to enable them to raise capital from the market instead of seeking funds from the exchequer.

Cabinet to soon consider holding co proposal for PSU banks

Last Updated: Sunday, January 13, 2013, 12:33

The proposal for Bank Holding Company will come up before the Cabinet in next couple of weeks, official sources said.

Govt agrees to infuse Rs 12,517 cr into PSU banks by March

Last Updated: Thursday, January 10, 2013, 13:46

The government on Thursday approved a proposal to inject Rs 12,517 crore in public sector banks to help them enhance the lending activity and meet the capital adequacy norms.

Cabinet likely to consider Rs 12,000 cr capital infusion in PSBs

Last Updated: Wednesday, January 09, 2013, 22:35

The government is likely to consider the proposal to infuse Rs 12,000 crore into public sector banks on Thursday.

Govt clears Rs 12,000 cr capital infusion into PSU banks

Last Updated: Monday, December 17, 2012, 22:44

The government has approved the first tranche of Rs 12,000 crore fund infusion in state-owned banks, a moved aimed at enhancing their capital base, a senior official said.

Govt to finalise Rs 15,000 cr fund infusion in PSBs this week

Last Updated: Monday, December 03, 2012, 18:20

The government Monday said it will decide about Rs 15,000 crore capital infusion in the public sector banks to shore up their capital base this week.

Govt to finalise fund infusion for PSU banks soon

Last Updated: Wednesday, November 21, 2012, 21:53

The government Wednesday said it will finalise Rs 15,000-crore capital infusion for public sector banks soon to help them enhance capital base and increase lending capacity.

Govt to finalise fund infusion for PSU banks in next few weeks

Last Updated: Thursday, November 15, 2012, 18:05

The government Thursday said it will finalise the Rs 15,000 crore capital infusion plan for public sector banks in the next few weeks to help them enhance their capital base and increase lending capacity.