Updated : 1 month, 3 weeks ago IST
Mumbai (Maharashtra) [India], Sept 19 (ANI): The board of directors at IDBI Bank on Thursday approved the proposal for preferential issue of capital to the government and Life Insurance Corporation (LIC) totalling up to Rs 4,557 crore and Rs 4,743 crore respectively.
Updated : 2 months, 1 week ago IST
New Delhi [India], Sept 3 (ANI): The Central government on Tuesday approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender's capital base.
Updated : 8 months, 1 week ago IST
New Delhi [India], Mar 7 (ANI): Bharti Airtel on Thursday gave further details of its largest capital infusion plan involving a mix of rights issue and perpetual bond issue to raise a total of up to Rs 32,000 crore to further bolster its capital structure.
Updated : 8 months, 3 weeks ago IST
Singapore, Feb 21 (ANI): The latest move of India government of capital infusions will improve the solvency of banks and significantly boost their provisions for non-performing loans but large volumes of legacy problem loans are yet to be resolved, Moody’s Investors Service said on
Updated : 10 months ago IST
New Delhi (India), Jan 16 (ANI): The Union Cabinet on Wednesday approved fresh capital infusion in the form of recapitalisation of bonds in the Export-Import Bank of India (Exim Bank) to the tune of Rs. 6,000 crore and the authorised share capital of Exim Bank has been increased from Rs 1
Updated : 11 months, 3 weeks ago IST
New Delhi [India], Nov 22 (ANI): Government sources on Thursday said that capital infusion into Public Sector Banks (PSBs) are likely to take place by the end of 2018.
Updated : 1 year, 1 month ago IST
New Delhi [India], Sep 22 (ANI): Qbera, India's leading digital lending platforms, has raised funds worth USD 3 million in a round led by E-City Ventures.
Updated : 1 year, 9 months ago IST
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.