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Govt clears Rs 12,000 cr capital infusion into PSU banks

Last Updated: Monday, December 17, 2012, 22:44

The government has approved the first tranche of Rs 12,000 crore fund infusion in state-owned banks, a moved aimed at enhancing their capital base, a senior official said.

State-owned banks' NPA crossed Rs 1.23 lakh crore at June-end

Last Updated: Wednesday, August 22, 2012, 16:51

Bad loans of state-owned banks have gone up by nearly Rs 11,000 crore to over Rs 1.23 lakh crore at June-end from Rs 1.12 lakh crore at close of last financial year.

Govt considering to fix cap for bulk deposits mobilisation

Last Updated: Friday, July 06, 2012, 00:07

The government may come out with an advisory on the ceiling for mobilisation of high cost deposits as a percentage of total deposits for state-owned banks.

China to end monopoly of state-owned banks

Last Updated: Thursday, April 05, 2012, 12:08

Challenging for the first time the monopoly of the state-owned banks, China has announced plans to broaden the financial sector reforms by allowing private capital financing.

Govt to provide adequate capital to PSU banks: Pranab

Last Updated: Saturday, November 19, 2011, 23:57

The Minister further said that he had already earmarked Rs 6,000 crore for recapitalisation of public sector banks in the budget for 2011-12.