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Latest Articles in capital infusion
State-Owned Insurance Companies May See Up To Rs 5,000 Cr Capital Infusion
The capital infusion would help improve the financial health of the general insurance firms -- National Insurance Company Limited, Oriental Insurance Company Limited and United India Insurance Company
Read MoreWorld Bank Arm IFC Holds Nearly 5% Stake In Federal Bank With Rs 916 Cr Capital Infusion
Increased financing for climate-friendly projects as well as more financing for small businesses to help accelerate India's economic recovery from COVID-19 are expected in the wake of a USD 126 million (Rs 916 crore) equity investment in the bank
Read MoreCarlyle Deal: PNB Housing Finance Holds EGM
PNB Housing Finance will allot securities worth Rs 4,000 crore to Carlyle and other entities, a deal that will eventually result in the private equity major becoming a major shareholder of the company.
Read MoreCarlyle Deal: SAT Sets Aside Sebi Direction; Allows PNB Housing Fin To Hold EGM On Tuesday
PNB Housing Finance will allot securities worth Rs 4,000 crore to Carlyle group and other entities, a deal that will eventually result in the private equity major becoming a major shareholder of the company.
Read MoreBank Of India Allots Shares To Govt For Rs 3,000 Cr Capital Infusion
Shares of the bank closed 0.37 per cent up at Rs 80.45 apiece on BSE.
Read MoreJ&K Bank Defers Board Meet On Proposed Rs 500 Cr-Capital Infusion From State Govt
Stock of J&K Bank traded at Rs 26.10 apiece on BSE, up 2.76 per cent from previous close.
Read MoreIndiGo Board Gives Green Signal to Raise Rs 3,000 Cr Via QIP
The capital infusion is much needed for the carrier and the funds could be deployed to help the airline cope with the adverse impact of the second wave of the pandemic that has dented the business
Read MoreUCO Bank Gets Shareholders' Nod For Preference Issue To Govt, Offsetting Accumulated Losses
The shareholders have approved issuance of 203,76,17,554 equity shares at an issue price of Rs 12.76 per equity share aggregating to Rs 2,600 crore on preferential basis to Government of India
Read MoreShares Of Four Public Sector Banks Jump Up To 10 % After Capital Infusion
The capital infusion will help these banks to come out of the Reserve Bank of India's prompt corrective action framework.
Read MoreCabinet okays govt equity infusion of Rs 6,000 crore in NIIF Debt Platform
Cabinet okays govt equity infusion of Rs 6,000 crore in NIIF Debt Platform
Read MoreFinally,Targeted Measures By RBI Amid Economic Pandemic-- Liquidity Infusion
Announcement that Macroeconomic landscape has deteriorated since March 27, 2020 and over the panicked voices from the financial and industrial institutions, RBI has started addressing the sector-wise concerns and targeted infusion of cash in to the Indian economy.
Read MoreCanara Bank Board To Meet Next Week To Consider Rs 9,000-Crore Capital Infusion
Meeting of board of directors of the bank is scheduled to be held on September 13, 2019, to consider the amalgamation of Syndicate Bank into Canara Bank.
Read MoreMergers Can Reduce Public Sector Banks’ Need For Government Capital: SBI Chief
The statement comes after SBI merged all its five subsidiaries and Bharatiya Mahila Bank, which resulted in a massive spike in its provisions and bad loans ratio that touched double digits in the first consolidated results
Read MoreHigher Capital Infusion Positive For PSU Banks: Fitch
The Indian banking system is quite fragmented at present with around 50 domestic banks - with PSBs accounting for around 70% asset share
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