Page 3 - Capital Infusion

Kedaara Capital invests Rs 567 cr in Religare's health insurance arm

The equity infusion is in sync with the long term vision of the Company to be future-focused, explore its full potential and accelerate growth

As banker it is my first job to be safe: IDFC First Bank CEO V Vaidyanathan

From now on, the system should open up systematically as people's financial cushions could vanish soon, he says

PM-led meet dwells on crop biotech, format for capital infusion in farming

Modi holds meeting on agro marketing reforms amid Covid lockdown; stresses on need to protect small farmer

ICICI Bank gets 7.97% stake in YES Bank with Rs 1,000-cr capital infusion

According to the reconstruction scheme, 75 per cent of the total investment by the bank would be locked in for three years, ICICI Bank said

Oriental Insurance pegs capital need of around Rs 3000 crore in FY21

The actual growth plan would be finalized on the basis of capital support the insurer gets from the government

Govt approves infusion of Rs 4,360 cr in IOB; UCO Bank gets Rs 2,142 cr

In August, the finance ministry had announced a capital infusion of Rs 3,800 crore in the state-owned lender. This has now been increased by Rs 560 crore

Ahead of merger, Allahabad Bank gets Rs 2,153-cr fresh capital from govt

The Department of Financial Services in a letter on Thursday conveyed the sanction for release of the fresh capital infusion fund of Rs 2,153 crore, Allahabad Bank said in a regulatory filing

Link capital infusion to banks' balance-sheet clean-up: Arcil chief

Recovery rates from bad loans have improved after the implementation of the bankruptcy code in 2016

Govt to infuse Rs 70,000-cr capital into public sector banks: FM Sitharaman

The capital infusion, ahead of the festive season, will boost banks' lending capacity by an additional Rs 5 trillion

Rs 3 trn capital infusion cut PSBs' loss, not their credit supply: Report

Nine lenders of the 19 PSBs, including Indian Bank, State Bank, Bank of Baroda and Canara Bank, have reported current value of investment higher than the investment amount, the report said

Rs 70K-cr capital infusion in PSBs credit positive, to boost economy: S&P

The proposed Rs 70,000-crore capital infusion into public sector banks (PSBs) will provide a timely booster to these lenders, S&P Global Ratings has said. The move, announced in the Budget, is likely to be credit positive for the banking sector and the economy, S&P said in a note titled 'India's Budget attempts to address trust deficit in the financial sector. "We believe the capital infusion will help PSBs make necessary haircuts on their weak corporate loans and shore up their capital adequacy," said S&P Global rating credit analyst Geeta Chugh. The capital infusion will help some banks to come out of the central bank's prompt corrective action and resume lending and clean up their balance sheets, she added. S&P said it believe PSBs still require substantial reforms to improve risk management, service quality, efficiency, and diversity of product offerings. While the government has infused large amounts of capital into PSBs in the past few years, the progress on ...

Budget 2019 analysis: Here's what 5 key sectors expected and what they got

EY analyses Nirmala Sitharaman's Budget 2019 for Business Standard, comparing the expectations of five key sectors of the economy and what they actually got in Budgetary provisions

Capital infusion: Govt pumps Rs 10,882 crore in 4 public sector banks

Bank of Maharashtra got Rs 4,498 crore, Syndicate Bank Rs 1,632 crore and Central Bank of India Rs 1,678 crore

Sebi exempts govt from open offers for six PSBs post capital infusion

Pursuant to the capital infusion, the government's stake would rise by 5.21% in Punjab National Bank

Banks' profit to improve in FY18, capital infusion necessary: S&P

S&P Global Ratings today said profitability of banks will improve in the next fiscal but barring large capital infusion the ratings on PSU banks would remain vulnerable. In a report titled 'Progress Will be Slow for India's Banks in 2017', S&P said banks have been able to meet minimum regulatory requirements largely because of the government's capital infusions, their issuance of Additional Tier 1 capital, and lower growth in risk-weighted assets. "However, barring further large capital infusions from the government, the credit profiles of some of the public sector banks we rate in India will remain vulnerable," it said. It said India's banking sector will recover only marginally over the next few quarters. "We expect the Indian banking industry's growth and profitability to gradually improve in fiscal 2018 (the year beginning April 2017), from the low base of fiscal 2017," S&P Global Ratings Credit Analyst Amit Pandey said. However, the ...

Capital infusion in PSU banks after Q3 numbers

FM in Budget speech on Feb 1 announced capital infusion of Rs 10,000 cr for the next fiscal

Govt infusion in banks still short, say Icra & Fitch

Fitch said the government's capital infusion was unlikely to address the weak profitability of these banks