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Eight banks have already taken approval from their respective boards while another five are in the process of seeking the necessary approval to raise fresh capital.

PSBs likely to raise funds via capital markets: Experts

According to an estimate by India Ratings and Research, Indian banks need a total of Rs 3.7 lakh crore between 2017 and...

22 May 2017 5:54 AM IST

The agency had retained its negative outlook on mid-sized and smaller PSBs with weak capitalisation.

Ind-Ra reports Rs 91,000 cr for banks to sustain

This includes Rs 20,000 cr residual tranches from govt's capital infusion in public sector banks.

15 Feb 2017 6:02 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

States' fiscal deficit will rise to 3.3 per cent in 2017-18: Ind-Ra

Aggregate states' GDP to debt ratio will also go up marginally to 24.3 per cent in FY18 from 24 per cent in FY17.

27 Feb 2017 3:03 PM IST

The milestone came as NTPC Ltd, Indias largest power producer, commissioned a 45 MW solar power project at Bhadla in Jodhpur, Rajasthan.

Low interest rate likely to brighten solar sector: Ind-Ra

Ind-Ra observed that the benefit of interest rate reduction will be the least for the annuity sector.

21 April 2017 11:23 AM IST