Last Updated: Saturday, November 23, 2013, 12:05
Piyush Gupta, Chief Executive of Singapore’s DBS Group Holdings, said India could tap foreign banks to bridge its capital shortfall.
Last Updated: Monday, March 18, 2013, 20:34
"The additional requirement would go up to Rs 2.6 lakh crore given a tendency for banks to hold higher-than-minimum capital and the limited market for hybrid instruments in India," the rating agency added.
Last Updated: Wednesday, February 13, 2013, 20:46
The government is likely to infuse additional capital of Rs 20,000 crore in the public sector banks next financial year to meet Basel III global capital risk norms.
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.
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.
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.
Last Updated: Friday, January 04, 2013, 20:15
The ministry has approved investment of Rs 12,000 crore in 12 public sector banks including State Bank of India, Central Bank of India and United Bank of India.
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.
Last Updated: Thursday, June 07, 2012, 23:33
The government Thursday approved Rs 632 crore capital infusion in cash-starved regional rural banks (RRBs) to improve their capital adequacy and lending capacity to the agriculture sector.
Last Updated: Monday, April 09, 2012, 16:02
The government will take a view on further recapitalisation of state-owned banks by June-end to help them enhance business growth and meet capital adequacy norms.
Last Updated: Sunday, February 19, 2012, 17:05
Finance Minister Pranab Mukherjee Sunday said the government is committed to provide adequate capital to public sector banks to meet global risk norms.
Last Updated: Sunday, August 28, 2011, 11:27
The government has decided to sanction Rs 2,000 crore to some public sector banks as part of its recapitalisation drive.
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