BoI to get Rs 1,150-cr capital infusion from govt
State-run Bank of India (BoI) on Tuesday said the government has approved a capital infusion of Rs 1,150 crore in lieu of preferential allotment of shares.
Mar 29, 2016, 17:04 PM IST
Syndicate Bank to raise Rs 217 crore by share sale to LIC
Public sector lender Syndicate Bank will raise over Rs 217 crore by allotting preferential shares to LIC to shore up capital to meet Basel III norms.
Mar 28, 2016, 18:53 PM IST
Chaayos bets on USD 10 billion Chai market in India
Chaayos is in advance talks with venture capital funds and is hoping to close the deal soon.
Apr 05, 2015, 16:32 PM IST
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
Banks' single group exposure cap high; review in 2014-15: RBI
Hinting at tightening banks' single group exposure cap from current 40 percent, RBI Thursday said it will be reviewing this credit limit to gradually align it with the global group exposure practices and mitigate risks.
Aug 21, 2014, 22:28 PM IST
