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Disinvestment proceeds to fund PSUs, banks, insurers: FinMin

Last Updated: Tuesday, February 26, 2013, 15:37

The proceeds from disinvestment would be credited to the National Investment Fund (NIF), which was set up in 2005.

Govt may use NIF to recapitalise state-owned banks

Last Updated: Wednesday, January 16, 2013, 23:48

The government is likely to consider a proposal Thursday that seeks to expand the scope of National Investment Fund (NIF) to recapitalise public sector banks and insurance companies.

Govt to hold a meet on May 9 on proposed Sovereign Fund

Last Updated: Sunday, May 06, 2012, 14:48

The government will hold a meeting on May 9 to decide on setting up of proposed Sovereign Fund of India that could be used, among other things, to buy overseas assets for the benefit of the state-owned companies.