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Dena Bank seeks Rs 1,200 cr fresh capital from govt

Last Updated: Sunday, July 06, 2014, 18:07

State-run lender Dena Bank has sought Rs 1,200 crore capital infusion from government in the current fiscal, a top bank official has said.

UCO Bank seeks Rs 1,000 crore capital infusion from govt

Last Updated: Saturday, June 21, 2014, 21:49

The bank expects credit and deposit growth of 15-16 percent in 2014-15.

Market share of PSU banks to fall to 60% by 2025: Report

Last Updated: Wednesday, May 21, 2014, 15:45

Currently there are over 27 public sector banks, over 15 private sector lenders and 30 foreign banks in India.

PSU banks to get add'l capital infusion of Rs 8,000 cr

Last Updated: Tuesday, May 13, 2014, 17:27

The government is likely to infuse additional capital of up to Rs 8,000 crore in public sector banks in the current fiscal to expand their capital base.

PSU banks may get additional capital infusion of Rs 7,000 cr

Last Updated: Wednesday, April 23, 2014, 20:34

To further enhance capital base, the government is planning to make additional infusion of up to Rs 7,000 crore in the public sector banks during the current fiscal.

SBI says Rs 11,200 crore infusion may be too low

Last Updated: Monday, February 17, 2014, 20:57

Country's largest bank SBI Thursday said the Rs 11,200-crore budgetary allocation for state-run banks' recapitalisation for FY'15 may not be sufficient given the systemic credit growth and migration to the capital-intensive Basel-III framework.

Govt plans to infuse Rs 11,200 crore in PSU banks in 2014-15

Last Updated: Monday, February 17, 2014, 13:58

Finance Minister P Chidambaram Monday proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year.

Union Bank raises Rs 2,000 cr to shore up capital

Last Updated: Friday, November 22, 2013, 15:50

Union Bank of India on Friday raised Rs 2,000 crore through issuing bonds that are compliant with the global banking norms, Basel III.

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.

SBI board approves Rs 2,000 crore capital infusion

Last Updated: Wednesday, October 30, 2013, 21:44

The board of the State Bank of India on Wednesday approved an infusion of Rs 2,000 crore from the government to raise its capital base.

FinMin finalises on Rs 14,000-cr capital infusion in banks

Last Updated: Tuesday, October 22, 2013, 20:50

The Finance Ministry on Tuesday finalised the Rs 14,000-crore capital infusion plan for PSU banks to augment their capital base and promised another tranche in the fourth quarter of the current fiscal.

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.