Capital Infusion

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Capital Infusion - Total results - 79
Banking sector outlook to stay negative till capital positions improve: Fitch Ratings
Business

Banking sector outlook to stay negative till capital positions improve: Fitch Ratings

Fitch Ratings believes the country's banks will need $40-55 billion in additional capital to meet the Basel-III requirements by 2019

State-run banks not under PCA framework expected to retain loan market share at 51% medium-term
Business

State-run banks not under PCA framework expected to retain loan market share at 51% medium-term

Private sector banks are expected to increase it from 30.9 percent in March 2018 to 38-40 percent in the foreseeable future and stabilise at that levels

Government's plan to infuse Rs 11,336 cr in five public sector banks is credit positive, says Moody's
Business

Government's plan to infuse Rs 11,336 cr in five public sector banks is credit positive, says Moody's

The government will infuse Rs 2,816 crore in Punjab National Bank (PNB), Rs 1,790 crore in Allahabad Bank, Rs 2,019 crore in Andhra Bank, Rs 2,157 crore in Indian Overseas Bank and Rs 2,555 crore in Corporation Bank.

Punjab National Bank receives Rs 2,816 crore as part of government's capital infusion plan
Business

Punjab National Bank receives Rs 2,816 crore as part of government's capital infusion plan

The government has approved capital infusion in five public sector lenders, namely PNB, Allahabad Bank, Andhra Bank, Indian Overseas Bank and Corporation Bank.

Finance ministry to provide capital to more banks by September, says government official
Business

Finance ministry to provide capital to more banks by September, says government official

The infusion would be part of the remaining Rs 65,000 crore out of Rs 2.11 lakh crore capital infusion over two financial years.

Bank Recapitalisation: Finance ministry approves infusion of Rs 11,336 crore in five public sector banks
Business

Bank Recapitalisation: Finance ministry approves infusion of Rs 11,336 crore in five public sector banks

Punjab National Bank (PNB), hit by Nirav Modi scam, will get the highest amount of Rs 2,816 crore, while Allahabad Bank to get Rs 1,790 cr, Andhra Bank Rs 2,019 cr, Indian Overseas Bank Rs 2,157 cr and Corporation Bank - Rs 2,555 cr

PSU bank stocks in limelight; surge up to 11% amid Rs 10,000 crore capital infusion reports
Business

PSU bank stocks in limelight; surge up to 11% amid Rs 10,000 crore capital infusion reports

Shares of Corporation Bank zoomed 10.88%, Allahabad Bank 7.23%, Punjab National Bank 6.57%, Bank of Baroda 6.38%, Bank of India 5.87%, Canara Bank 5.71% and Indian Bank 5.04% on BSE

Finance ministry likely to infuse about Rs 10,000 crore in public sector banks to help them meet regulatory requirement
Business

Finance ministry likely to infuse about Rs 10,000 crore in public sector banks to help them meet regulatory requirement

Capital is very much required for public sector banks (PSBs) as they are saddled with non-performing assets (NPAs) or bad loans of about Rs 10 lakh crore.

IDBI prepares roadmap for NPA reduction, improving financial health; identifies non-core assets, real estate for sale
Business

IDBI prepares roadmap for NPA reduction, improving financial health; identifies non-core assets, real estate for sale

IDBI, which is one of the richest in terms of real estate assets, recently got them valued at market rate and made it part of core capital, sources said, adding that this has strengthened the balance sheet of the lender.

PSB recapitalisation: Narendra Modi govt’s move can keep zombie banks alive for now, but rot runs deep
Business

PSB recapitalisation: Narendra Modi govt’s move can keep zombie banks alive for now, but rot runs deep

The problem runs lot deeper and even several rounds of capital infusion cannot come as a panacea to cure the ills of state-run banks unless fundamental flaws are addressed

Rs 88,000 cr capital  bonanza: Bankers upbeat on government's plan; say it will strengthen their books
Business

Rs 88,000 cr capital bonanza: Bankers upbeat on government's plan; say it will strengthen their books

During the current fiscal, IDBI Bank will get highest infusion of Rs 10,610 crore, followed by State Bank of India (Rs 8,800 crore) and Bank of India (Rs 9,232 crore).

Parliament nod sought for Rs 80,000 cr public sector banks recapitalisation through bonds
Business

Parliament nod sought for Rs 80,000 cr public sector banks recapitalisation through bonds

The finance ministry on Thursday sought Parliament's nod for extra expenditure of Rs 80,000 crore towards recapitalisation of public sector banks through bonds

Finance ministry asks public sector banks to submit fund-raising roadmap in a month
Business

Finance ministry asks public sector banks to submit fund-raising roadmap in a month

The proposed capital infusion will help enable public sector banks to get into their core activity of lending, which has seen muted growth in the past several months due to pressure of stressed assets.

Govt's Rs 2.11 lakh cr capital infusion in banks only short term solution, says bank employees union
Business

Govt's Rs 2.11 lakh cr capital infusion in banks only short term solution, says bank employees union

Govt to take stringent measures to recover bad loans and declare wilful default as criminal offence, urged bank employees union

CAG raises doubts over public sector banks' ability to raise funds from market
Business

CAG raises doubts over public sector banks' ability to raise funds from market

Govt has infused capital of Rs 1,18,724 crore from 2008-09 to 2016-17 in the PSBs for meeting their capital adequacy requirements

10 public sector banks have submitted turnaround plans, says govt
Business

10 public sector banks have submitted turnaround plans, says govt

Quarterly performance of these banks would be monitored by SBI Capital Markets

Finance ministry working on capital infusion in PSU banks, to be announced soon
Business

Finance ministry working on capital infusion in PSU banks, to be announced soon

The list of beneficiary will be announced soon and the capital infusion in the banks will take place in tranches as it happened last fiscal

SBI says may not need capital for one year post Rs 15,000 cr fund raising
Business

SBI says may not need capital for one year post Rs 15,000 cr fund raising

The bank recently raised Rs 15,000 crore through qualified institutional placement (QIP)

Bank NPAs: Mission to infuse capital in banks not the last step, says FM Arun Jaitley
Business

Bank NPAs: Mission to infuse capital in banks not the last step, says FM Arun Jaitley

Arun Jaitley said the government was making all efforts to ensure that the health of the banking sector improves and the banks are repaid