Search For "capital infusion"
Updated : 3 years, 1 month ago IST
New Delhi [India], Mar. 13 (ANI): Ofo, a station-free bike-sharing platform announced capital infusion to the tune of USD 866 million led by Alibaba Group, thus enabling greater operational efficiency of the bike-sharing system.
Updated : 3 years, 2 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.
Updated : 3 years, 5 months ago IST
New Delhi [India], October 29 (ANI): In the wake of the recent government announcement on capital infusion for public sector banks (PSBs), dilution of government equity up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 cror