capital infusion

Govt infuses Rs 6,690 crore in nine PSBs in FY 2015

The government has pumped in Rs 6,690 crore in nine public sector banks, including SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Syndicate Bank for the fiscal ended March 31, 2015 to strengthen their capital base.

Apr 01, 2015, 18:05 PM IST

SBI to fix issue price for Rs 2,970 cr infusion by March-end

State Bank of India will decide on issue price of equity shares on preferential basis to the government for Rs 2,970 crore capital infusion on March 24.

Feb 20, 2015, 20:57 PM IST

Capital infusion: BoI chief rues new fund infusion norms

As it is left out of the list of nine banks for capital infusion from the government, Bank of India today claimed its fundamentals are much better than those selected and has called for a different treatment to it citing its large international presence.

Feb 12, 2015, 23:25 PM IST

SBI says associates don't need fresh capital this year

The five associate banks of SBI do not require any additional capital infusion this fiscal as the credit growth is tepid, a top official said.

Nov 09, 2014, 13:37 PM IST

Govt to revive 23 district co-op banks, to infuse Rs 2,375 cr

Government Wednesday decided to infuse Rs 2,375.42 crore to revive 23 District Central Cooperative Banks (DCCBs) in four states which were on the verge of closure.

Nov 05, 2014, 22:30 PM IST

Govt approves to revive 23 ailing cooperative banks

The government on Wednesday approved a move to revive 23 ailing cooperative banks in four states that would require a capital infusion of about Rs 2,375 crore.

Nov 05, 2014, 21:20 PM IST

Capital infusion plan for PSU banks soon: Sandhu

Finance Ministry will soon come out with the capital infusion plan for PSU banks to help them meet the global capital adequacy norms, Financial Services Secretary G S Sandhu said Tuesday.

Sep 30, 2014, 15:15 PM IST

Govt to help MSMEs access bank loans at cheaper rates: Mishra

The MSME Ministry is in talks with public sector banks to extend loans to micro, small and medium enterprises at base rate to help the sector access vast capital from financial institutions at lower costs, Union Minister Kalraj Mishra said today.

Sep 17, 2014, 15:52 PM IST

Allahabad Bank seeks Rs 900 crore capital from government

State-run Allahabad Bank said Tuesday that it has sought a Rs 900-crore capital infusion from the government during the current financial year.

Sep 16, 2014, 19:49 PM IST

Allahabad Bank seeks Rs 900 crore capital from government

The government has budgeted only Rs 11,200 for capital infusion in public sector banks during this fiscal.

Sep 16, 2014, 19:17 PM IST

Govt hikes authorised capital of NEIA to Rs 4K cr

The authorised capital of National Export Insurance Account has been raised to Rs 4,000 crore to help boost project exports, the government said on Wednesday.

Sep 10, 2014, 22:21 PM IST

BoM seeks Rs 1,000 cr from govt in FY15

The Bank of Maharashtra has sought Rs 1,000 crore capital infusion from the government and may hit the market next year to meet its fund requirement.

Jul 21, 2014, 17:15 PM IST

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

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.

Jul 06, 2014, 18:07 PM IST

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

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

May 21, 2014, 15:45 PM IST

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

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.

May 13, 2014, 17:27 PM IST

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

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.

Apr 23, 2014, 20:34 PM IST

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

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.

Feb 17, 2014, 20:57 PM IST

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

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.

Feb 17, 2014, 13:58 PM IST

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

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.

Oct 22, 2013, 20:50 PM IST

IIFCL expects Rs 400 cr capital infusion by Dec

State-owned India Infrastructure Finance Company Ltd (IIFCL) expects Rs 400 crore capital infusion from the government in the next two months.

Oct 13, 2013, 13:33 PM IST