Wed, Feb 20, 2019
The Finance Ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans.
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Thu, Jan 04, 2018
The Lok Sabha today gave its approval for Rs 80,000 crore recapitalisation bonds for strengthening public sector banks (PSBs), with Finance Minister Arun Jaitley promising that the fund infusion would be accompanied by a series of reforms.
The government has pumped Rs 51,858 crore capital in the PSBs so far, since the Indradhanush road map was announced in 2015.
Sat, Dec 30, 2017
The bank has on December 29 received infusion of Rs 2257 crore from the Government of India, in form of Common Equity Tier-1 Capital, which is being kept as Share Application money and would be alloted after due procedure/conditions for allotment.
Sat, Oct 28, 2017
Stocks: Equities marked a chain of record smashing sessions during the week trade, with benchmark Sensex crossing the 33-k mark on a closing basis, while the broader Nifty breaching above the psychological 10,300-level.
Tue, Oct 24, 2017
While announcing the roadmap leading to growth in the economy the government said macro economic fundamentals were strong and fiscal deficit target of 3.2% of GDP would not be breached.
Ministry of Finance has announced big banking reforms along with infrastructure investment under new incentives to 'boost economic growth.'
Tue, Sep 12, 2017
Banks argue that the haircuts they are expected to take cannot be extrapolated to the other exposures, which they say are backed by more productive assets.
Wed, Aug 16, 2017
Between April - till date, AT1 instruments worth around Rs 18,300 crore have been issued by eight banks, compared with Rs 4,800 crore by four banks in the corresponding period of the previous year.
Thu, Jun 08, 2017
NPAs are the primary issue in Indian banking system presently. A host of moves have been taken by RBI and government but these problems are far from over.
Sat, Mar 25, 2017
Elaborating on the issue, Reddy said NPAs are a "balance sheet" problem and, therefore, a "substantive issue".
Tue, Feb 21, 2017
Highlights:
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