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
