Indradhanush plan

No easy capital for PSBs, stick to reforms: Banking secy

The banks will also be getting nearly Rs 18,000 crore under the Indradhanush plan.

Nov 12, 2017, 17:49 PM IST

War on NPAs to speed up PSBs' capital raising via FPOs

The government's all out war against NPAs will help in cleaning balancesheets of state- owned banks and expedite fund raising via markets to meet the global Basel III capital adequacy norms, an official said.

May 07, 2017, 16:10 PM IST

Finance Ministry expects 6 banks to raise funds via FPO as market improves

Stock prices on the mend, the Finance Ministry will nudge at least six public sector banks to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per the Indradhanush plan.

Apr 16, 2017, 17:33 PM IST