Indradhanush
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Govt pumps in Rs 22,915 crore capital in 13 PSU banks to boost credit growth
•Out of the Rs 22,915 crore, State Bank of India (SBI) received Rs 7,575 crore followed by Indian Overseas Bank (Rs 3,101 crore) and Punjab National Bank (Rs 2,816 crore)
Narendra Modi’s real shocker is demotion of Jayant Sinha, not Smriti Irani
Sreemoy Talukdar •Sinha's shifting, however, is intriguing. There is a speculation, not entirely idle, that the Hazaribagh MP was made to pay for his father's outspokenness.
Govt to make first round of capital infusion in PSBs soon
•The Finance Ministry has finalised plan for the first round of capital infusion for public sector banks and funds would be granted to some of the lenders within next few weeks.
Govt spent Rs 350 cr to promote Swachh Bharat, other schemes in 2015-16
Fp Staff •According to recently released data, the government spent Rs 350 crore in publicising its flagship schemes in 2015-16.
Govt to infuse Rs 5,050 cr in PSU banks soon
Fp Archives •The government is likely to infuse additional capital of about Rs 5,050 crore in some public sector banks this week.
Ms Bhattacharya, you are wrong; why should tax-payer give lifeline to NPA-ridden banks?
Fp Archives •Budget 2016: Govt mulls hiking FDI cap in public sector banks to 49%
Fp Archives •he government is considering to increase the foreign investment limit in public sector banks to 49 per cent from 20 per cent with a view to attract overseas inflows.
Budget 2016: Govt may increase Rs 70k-cr planned capital infusion for PSBs
Fp Archives •The Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen their balancesheets.
Here is how PSU banks' bad loans burnt Rs 137,000 cr investor wealth in six months
Fp Archives •Investor exit has wiped out aggregate market-cap of Rs 136,661 crore from a total of 23 listed PSU banking stocks in nearly six months period
Govt to infuse about Rs 5,000 crore in PSU banks this quarter
Fp Archives •Government will infuse about Rs 5,000 crore capital in the public sector banks in the current fiscal to strengthen balancesheet.