Finance Ministry likely to issue first tranche of recapitalization bonds to PSBs in January
The recapitalization bonds will not be sold in open market and will be issued to all banks.
Dec 26, 2017, 14:04 PM IST
IOB, Central Bank to benefit from capital infusion: Moody's
Indian Overseas Bank and Central Bank of India will benefit from the government's recent capital infusion as they have got a higher share as a proportion of their share capital, Moody's said on Monday.
Jul 25, 2016, 13:13 PM IST
PSU banks rally on RBI move; shares surge up to 12%
Shares of state-run banks today soared by up to 12 percent after Reserve Bank announced amendments to recognise more balance sheet items as common equity tier-I capital which will help unlock up to Rs 35,000 crore for these lenders impacted by asset quality troubles.
Mar 02, 2016, 13:52 PM IST
