On Tuesday, the Cabinet has approved a capital infusion plan of Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan...
Allahabad Bank’s plan to raise equity capital which will improve its tier-I capital reasonableness ratio by nearly half. The bank’s tier-I capital ratio will inch...
Edelweiss group’s subsidiary ECL finance Ltd. has announced that the company will receive Rs. 1,800 crores (approx 250 million US dollars) by Canadian pension fund...
Punjab National Bank (PNB) issued a statement to the stock exchanges, describing its plans to seek Rs. 5,431 crores capital support from the government after...
The government has provided its approval for the second tranche of capital infusion in public sector banks for enhancing their capital base. Dena Bank has...