Government mulling Rs 5,400 crore funding to Northeast gas gridThe Northeast pipeline grid is to be implemented by Indradhanush Gas Grid, a joint venture of state-owned GAIL India, IOC, ONGC, Oil India ...
28 Aug, 2019, 02.33 PM IST
Six stressed PSBs may receive Rs 10,000 crore in capital infusionAnnounced in 2015, Indradhanush is a seven-pronged revamp plan for PSBs that includes a capital infusion to the tune of Rs 70,000 crore by ...
29 Dec, 2017, 06.27 AM IST
Not all banks to get capital support in first trancheThe plan includes floating re-capitalisation bonds of Rs 1.35 lakh crore and raising Rs 58,000 crore from the market by diluting government...
17 Dec, 2017, 01.54 PM IST
8 PSU banks to raise capital from market by MarchMost banks are preferring the Qualified Institutional Placement (QIP) route, sources said.
03 Dec, 2017, 05.18 PM IST
FinMin giving final touches to recap bonds, FM nod likely soonThe framework once cleared will go to Parliament for necessary approvals, another official said. The upcoming winter session of Parliament ...
29 Nov, 2017, 05.46 PM IST
No easy capital for PSBs, stick to reforms: Banking Secretary Rajiv KumarLast month, the govt had unveiled a Rs 2.11-lakh crore 2-year road map to bolster NPA-hit public sector banks, which includes recapitalisat...
12 Nov, 2017, 06.30 PM IST
PSU banks may get Rs 70,000 crore through recap bonds this fiscalNPAs of public sector banks alone have increased to Rs 7.33 lakh crore as on June 2017.
05 Nov, 2017, 04.57 PM IST
Moody’s downgrades ratings of IOB, CBI; raises outlook for BoB, PNBMoody's expect asset quality to remain the key credit weakness for the rated PSBs.
24 Jul, 2017, 05.39 PM IST
Modi government advances immunisation programme deadline to 2018With the next general election due in 2019, early completion of the project aimed at reducing high child mortality rates in India will coun...
03 May, 2017, 12.41 AM IST
need2know: Six macro triggers that may matter for market todayGovernment plans to come out with 'Indradhanush 2.0', a comprehensive plan for recapitalisation of public sector lenders,
13 Feb, 2017, 08.00 AM IST
Govt plans 'Indradhanush 2.0' for recapitalisation of public sector banks'Indradhanush 2.0' will be finalised after completion of the Asset Quality Review (AQR) by the Reserve Bank, which is likely to be complete...
12 Feb, 2017, 02.26 PM IST
PSU banks gain 4% on Rs 10K cr infusion announcementThe government will infuse Rs 10,000 crore in public sector banks in the next fiscal and more will be provided if required, Finance Ministe...
01 Feb, 2017, 03.27 PM IST
Budget 2017: No big capital infusion for PSU banksSBI got the maximum allocation of Rs 7,575 crore, followed by Indian Overseas Bank at Rs 3,101 crore. Punjab National Bank got Rs 2,816 cro...
01 Feb, 2017, 12.23 PM IST
Even if the Fed hikes rates, it will not have much effect on the market: Charan Singh, UCO BankMythili Bhusnurmath and Charan Singh, ED, UCO Bank discuss macro cues including the possibility of a June Fed rate hike, the RBI policy tom...
06 Jun, 2016, 02.38 PM IST
NPA problem to continue for next 2-3 quarters: PSBs to Finance MinistryGross NPAs of state-run banks at the end of March quarter stood at 5.2 per cent of total advances compared with 5.63 per cent in December.
21 Oct, 2015, 09.17 PM IST
WHO using Indian polio network to support Mission IndradhanushMission Indradhanush aims to cover by 2020 all such children, who are either unvaccinated or are partially vaccinated against seven vaccine...
03 May, 2015, 11.31 AM IST
After polio, Amitabh Bachchan to lead India's fight against hepatitis B campaignThe health ministry has finalized talks with Bachchan and is set to launch the campaign in April, a senior official in the ministry said.
13 Mar, 2015, 12.30 PM IST