PSBs plan to mobilise Rs 58,000 crore from capital markets this fiscal
Public sector banks, including SBI, Bank of Baroda and IDBI Bank, plan to raise Rs 58,000 crore through equity dilution during the current fiscal to meet Basel-III norms and clean up their balance sheets.
Jun 04, 2017, 15:57 PM IST
Parliamentary Panel asks Finmin to work out turnaround plan for IDBI
A Parliamentary Panel has asked the Finance Ministry to work out a 'transformational plan' for IDBI Bank, which is facing mounting bad loans, in such a manner that it does not surpass the 'point of recoverability'.
Mar 20, 2017, 17:24 PM IST
'Basel-III may result in 1/2 of banks breach capital triggers'
Increased capital requirements under Basel-III norms may result in half of domestic lenders breaching trigger levels, Fitch said today while suggesting that government allocate more capital to state-run banks as they will be the most affected.
Sep 12, 2016, 15:44 PM IST
SBI raises Rs 4,000 crore via tier-II bonds
State Bank of India did not elaborate on the usage of proceeds.
Dec 24, 2015, 12:18 PM IST
