Vijaya Bank to get Rs 220 crore capital infusion from govt
State-run Vijaya Bank today said the government has approved a capital infusion of Rs 220 crore in lieu of preferential allotment of shares.
Mar 30, 2016, 13:40 PM IST
UBI to raise Rs 480 crore from govt via preferential allotment
State-owned United Bank of India (UBI) today said the government has approved capital infusion of Rs 480 crore in lieu of preferential allotment of shares.
Mar 30, 2016, 13:26 PM IST
3 PSU banks to get Rs 2,375-crore capital infusion from govt
As many as three public sector lenders including Bank of India and Central Bank of India on Tuesday received the approval from government for capital infusion of up to Rs 2,375 crore.
Mar 29, 2016, 20:23 PM IST
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
UCO Bank, Syndicate Bank, other PSBs to get capital of Rs 5,050 crore by govt
Parliament has already approved Rs 5,050 crore for meeting additional expenditure on recapitalisation of public sector banks (PSBs) earlier this month.
Mar 29, 2016, 11:44 AM IST
Govt to announce PSBs' consolidation plan; to infuse Rs 25,000 crore
Government will unveil a roadmap for consolidation of public sector banks (PSBs) which are expected to get an infusion of Rs 25,000 crore next fiscal, Finance Minister Arun Jaitley said Monday.
Feb 29, 2016, 14:40 PM IST
Finance ministry seeks banks' view on more capital infusion
Pursuant to public sector banks' revamp plan, Indradhanush, Finance Ministry has asked NPA-laden state-run lenders to present their business plans to understand their incremental capital requirement following the RBI directives to clean up their books.
Jan 26, 2016, 18:39 PM IST
Vijaya Bank seeks Rs 5K-cr from Centre under capital infusion
The bank would also issue bounds under Tier 2 capital to collect Rs 3,000 crore
Nov 24, 2015, 16:03 PM IST
BOI, UBI issue pref shares worth Rs 3,534 crore to govt
In a separate filing, Bank of India said it has allotted 12,70,04,655 equity shares to government on September 30, 2015.
Oct 03, 2015, 18:58 PM IST
Govt infuses Rs 13,955 crore capital into 8 PSU banks
Eight public sector banks, including SBI, Punjab National Bank and Bank of Baroda, Wednesday said they have allotted equity shares on preferential basis to the government against capital infusion of Rs 13,955 crore.
Sep 30, 2015, 21:29 PM IST
SBI fixes Rs 274.37 price for preferential share issue to govt
Country's largest lender SBI on Thursday said it will issue over 19.6 crore shares on preferential basis at a price of Rs 274.37 per share to the government for raising Rs 5,393 crore capital.
Sep 03, 2015, 21:43 PM IST
Govt to infuse Rs 1,140 cr capital into Allahabad, Corp Bank
State-run Corporation Bank Monday said its board has approved capital infusion of Rs 857 crore by the government.
Aug 24, 2015, 22:51 PM IST
Banks seek shareholders' nod for Rs 5,934-crore capital infusion
Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.
Aug 22, 2015, 22:33 PM IST
Capital infusion of Rs 20,000 crore in public sector banks likely by September
Finance Ministry is expected to disburse about Rs 20,000 crore to various public sector banks in the next two months to shore up their capital base.
Jul 31, 2015, 20:15 PM IST
Capital infusion of Rs 25,000 crore a good beginning: Rajan
Reserve Bank Governor Raghuram Rajan on Friday said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning".
Jul 31, 2015, 18:36 PM IST
Govt seeks Parliament nod for Rs 25,500 cr additional spending
The Finance Ministry on Friday sought Parliament's nod to spend an additional Rs 25,500 crore in the current fiscal, nearly half of which will be spent on capital infusion into state-owned banks to help them overcome the high bad loans situation.
Jul 31, 2015, 16:38 PM IST
Standards adopted by RBI compliant with Basel standards: Report
The standards adopted by the Reserve Bank with regard to risk-based capital requirements are 'compliant' with minimum Basel capital standards, the central bank said on Tuesday.
Jun 16, 2015, 22:48 PM IST
Finance minister says sees merit in state banks' demand for more capital
India`s state-owned banks have made a "strong case" for higher capital infusion by the government, Finance Minister Arun Jaitley said on Friday, adding he saw a merit in the demand.
Jun 12, 2015, 15:24 PM IST
PSU banks need more time to improve credit profile: Moody's
Indian PSU banks will need years to improve their credit profiles as the asset quality is tied up with a slow, multi-year recovery of corporate balance sheets, said global ratings agency Moody's on Wednesday.
May 13, 2015, 14:46 PM IST
Bank in distress too will get capital support from govt: Rajan
Reserve Bank Governor Raghuram Rajan Thursday said that banks in distress will get capital support from the government if they make a clear case for recapitalisation.
Apr 09, 2015, 17:15 PM IST
