The Nifty PSU Bank index was trading 2.21 per cent down at 3,878 around 09:45 am (IST).

This is the highest net investment by FPIs since March, when they had poured in Rs 30,906 crore.

Last 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...

On Tuesday, the government had announced a mega Rs 2.11 lakh crore plan to recapitalise banks.

The banks' viability ratings would come under more pressure if the problem was not addressed.

Of the total Rs 2.11L-cr, Rs 1.35L-cr would be in the form of recapitalisation bonds, while the rest would involve a combination of budgeta...

The mega plan has triggered a surge in state-owned bank shares.

The government yesterday unveiled an unprecedented Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

The infusion, part of the broader recapitalisation move, will increase in some cases shareholding of the promoter, that is govt, beyond 75%...

"I am glad that the government has put some traction to it. They are also talking about deepening and developing the corporate bond markets...

Govt is looking to infuse Rs 25,000 crore in the ongoing financial year to boost the PSU banks' reserves, in a total of 3 tranches.

The cabinet has approved a plan to infuse Rs 12,517 crore in state-run PSU banks, Finance Minister P Chidambaram, told reporters.

The government decision to infuse fresh capital failed to lift the stocks of beneficiaries -- Dena Bank and Vijaya Bank -- even as shares o...

India approved a plan on Friday to provide $3.4 billion to recapitalise several state banks to spur lending.

During the Union Budget, finance minister Pranab Mukherjee said that Rs 165 billion will be used to ensure that public sector banks are abl...

The Rs 1,857-crore recapitalisation scheme for regional rural banks (RRBs) is slated to put the maximum burden on Bihar, Orissa and West Be...

The banks would need to make a collective contribution of Rs 635 crore towards the recapitalisation plan. The Centre has finalised a Rs 1,8...