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Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

No additional recapitalisation in PSBs beyond Rs 65,000 crore in FY19

The government has already infused about Rs 82,000 crore through bonds.

28 Nov 2018 10:47 AM IST

The rupee finally settled at 69.89 on Tuesday, showing a modest gain of 4 paise over the previous close. (Representational image)

Govt to infuse Rs 42,000 cr in PSU banks by March; next tranche likely...

Out of the Rs 1.35 lakh crore, the government has already infused about Rs 82,000 crore through the bonds.

26 Nov 2018 3:06 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry likely to stick to capital infusion programme for PSU...

Out of the Rs 1.35 lakh crore, the government has already infused about Rs 82,000 crore through recap bonds.

23 Nov 2018 5:00 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Final round of capital infusion in Dec to help banks lend more

Banks, which have been part of recent mergers, will also receive capital from the govt

21 Nov 2018 11:24 AM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: File)

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.

25 Jan 2018 1:14 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to issue shares to govt for Rs 8,800 cr capital infusion

SBI will issue 29,25,33,741 shares on a preferential basis to government at price of Rs 300.82 per share.

17 Feb 2018 10:23 AM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Govt's capital infusion in 5 state-owned banks credit positive:...

The Rs 11,336-crore capital infusion is part of the Rs 65,000 crore that the govt propose to infuse into the 21 public...

25 July 2018 2:01 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Cabinet approves Rs 6,000 crore capital infusion in Exim Bank

Exim Bank is the apex financial institution for financing, facilitating and promoting the country's international trade.

16 Jan 2019 6:06 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

BoB may get Rs 7,000-8,000 crore ahead of merger rollout

The government announced enhanced capital infusion of Rs 1.06 lakh crore in the current fiscal.

16 Jan 2019 11:09 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Cabinet likely to consider capital infusion proposal for Exim Bank

The government infused Rs 500 crore in Exim Bank last financial year.

15 Jan 2019 3:31 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Govt keen to pare stake in banks to 52 per cent, but capital infusion...

State Bank of India has already initiated steps for a Rs 20,000-crore share sale through qualified institutional...

15 Jan 2019 2:14 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Etihad to raise stake in cash-strapped Jet Airways: source

Etihad's stake will be capped at 49 per cent given foreign ownership rules in Indian airlines.

15 Jan 2019 11:10 AM IST