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Finmin to finalise capital raising plan for PSU banks next month

Last Updated: Thursday, August 14, 2014, 18:25

The ministry has received the report from SBI Cap on the requirement of various public sector banks.

India should open up banking sector: Expert

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.

Banks may need Rs 2.6 lakh cr more capital for Basel III: S&P

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.

Budget 2013: Govt may infuse Rs 20,000 cr capital in PSU banks in FY'14

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.

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.

Govt likely to consider Rs 12K crore capital infusion in public sector banks

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.

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.

Cabinet approves Rs 632-cr capital infusion in RRBs

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.

Govt to take view of banks recapitalisation by June end

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.

Govt to provide adequate capital to PSU banks: Pranab

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.