Govt may increase Rs 70,000-cr planned capital infusion for PSBs

Govt may increase Rs 70,000-cr planned capital infusion for PSBs

"We are assessing the capital requirement position of each bank depending on their bad loans and, if need be, we may have to expand the capital infusion programme," said a ministry official.

Govt infuses Rs 13,955 crore capital into 8 PSU banks

Govt infuses Rs 13,955 crore capital into 8 PSU banks

Eight public sector banks, including SBI, Punjab National Bank and Bank of Baroda, Wednesday said they have allotted equity shares on preferential basis to the government against capital infusion of Rs 13,955 crore.

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

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 capital infusion in PSBs credit positive: Moody's

Govt capital infusion in PSBs credit positive: Moody's

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

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.

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

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

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

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

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.

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

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.