PSU banks to raise Rs 1.10 lakh crore from markets in next 4 years
Public sector banks will need to raise Rs 1.10 lakh crore from markets to meet more than half of their capital requirement of Rs 1.80 lakh crore over the next four years.
Jul 31, 2015, 18:11 PM IST
India allows seven state-run banks to raise capital from market
India has allowed seven state-run banks to raise capital from market as part of efforts to help them comply with global Basel III banking rules, a finance ministry statement said on Wednesday.
Mar 11, 2015, 18:07 PM IST
Bank credit off-take slows in October
Credit flow to the commercial sector has come down from 14.2 percent in April to 11.1 percent in October on account of weak demand for banking funds.
Dec 16, 2014, 15:42 PM IST
