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Tags Posts tagged with "Recapitalisation"

Tag: Recapitalisation

Finance Ministry directs six PSBs to improve on PCA parameters

The Union Ministry of Finance has directed six Public Sector Banks (PSBs), currently under the Prompt Corrective Action (PCA) to show improvement on seven...

Centre plans to infuse Rs 2159 crore in United Bank of...

Public lender United Bank of India said that centre is planning to infuse Rs 2,159 crore in the bank as a part of its...

Govt to invest Rs 23.5 bn in recapitalisation of Central Bank...

The government is planning to inject Rs 23.5 billion into Central Bank of India to help it meet its capital regulatory capital requirements. With this,...

Govt planning to bring down stakes in IDBI Bank

The centre is trying out all its ways, including Qualified Institutional Placement (QIP), to bring down its stakes in public lender IDBI Bank. At present,...

Centre gets Lok Sabha’s nod, bags Rs 80,000 crore fund for...

Public Sector Banks (PSBs) are most likely to receive Rs 80,000 crore of fresh recapitalisation funds in this fiscal year. Centre recently acquired the...

Finance Ministry directs PSBs to submit fund-raising plans in a month

As a part of its recapitalisation plans, the finance ministry has directed all the state-run banks to submit their fund-raising roadmaps in a month. In...

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