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1-10 results from 175 for query «basel iii norms»

21 December, 2018 1:14 PM Government to enhance bank recapitalisation outlay to Rs 1.06 lakh crore in current fiscal

New Delhi: Government has moved proposal in Parliament for enhanced bank recapitalisation outlay from Rs 65,000 crore to Rs 1,06,000 crore in the current financial year to propel economic growth. This would enable infusion of over Rs 83,000 crore in the coming few months in Public Sector Banks (PSBs). Government said that the enhanced provision is aimed 149

13 December, 2018 1:54 PM Govt mulls additional Rs 30,000 crore capital infusion in PSU banks

Due to subdued market conditions, banks have been unable to raise enough funds from the markets so far. New Delhi: The government is considering additional capital infusion of up to Rs 30,000 crore in public sector banks as they have been unable to raise required funds from the markets, sources said. As part of the capital infusion plan announced by the Finance 183

27 November, 2018 3:33 AM Centre To Infuse 42,000 Crore Rupees In Debt-Laden State-Run Banks By March

The infusion is part of the Rs 2.11 lakh crore, two-year, front-loaded bank recapitalisation plan announced by the government in October 2017. NEW DELHI: The government will pump Rs 42,000 crore into debt-laden public sector banks in the remainder of the current financial year to March to improve their financial health, a senior Finance Ministry official 112

22 October, 2018 11:05 AM SBI plans to raise up to Rs 25,000 cr in FY19

The country's largest bank SBI said on Monday it seeks to raise up to Rs 25,000 crore during the current financial year, including up to Rs 5,000 crore through bonds to meet capital adequacy norms. The central board of the bank gave its approval to two proposals of the bank, State Bank of India (SBI) said in a regulatory filing. The board accorded approval 87

14 September, 2018 12:45 PM Yes Bank to raise over Rs 3,000 cr via bonds, complying with Basel-III norms

This will align the full implementation of Basel-III in India closer to the internationally agreed date of 1 January 2019 Private sector lender Yes Bank said, on Friday, it will raise up to Rs 3,042 crore by issuing bonds to comply with Basel-III norms. The capital raising committee of the board of the bank approved issuing 30,420 rated listed non-convertible 115

25 July, 2018 9:00 AM Capital infusion in 5 PSBs to be credit positive, help meet regulatory requirements: Moody's

Of the Rs 11,337 crore capital infusion plan, Rs 1,790 crore is for Allahabad Bank, Rs 2,019 crore for Andhra Bank, Rs 2,555 crore for Corporation Bank, Rs 2,157 crore for Indian Overseas Bank and Rs 2,816 crore for Punjab National Bank The fund infusion in five weak public sector banks will be credit positive and strengthen their capitalisation, according 93

20 March, 2018 4:04 PM ICICI Bank raises Rs 4,000 cr via bonds

Private sector lender ICICI Bank today said it has raised Rs 4,000 crore from bonds to fund growth. "The Committee of Executive Directors of the bank at its meeting held today has approved the allotment of 40,000 Basel III compliant unsecured subordinated perpetual Additional Tier 1 bonds in the nature of debentures aggregating Rs 4000 crore on private 86

19 December, 2017 7:52 AM PSU banks’ capital raises are credit positive: Moody’s

Capital raising by a number of public sector banks (PSBs), including the Punjab National Bank (PNB) and the Union Bank of India (UBI), is credit positive because it will help improve their loss-absorbing buffers, global rating agency Moody’s said on Tuesday. In a Credit Outlook article, Moody’s said that it signals improved access to the equity capital 33

30 October, 2017 5:48 PM OBC to raise Rs 1,000 cr to comply Basel III norms

New Delhi: State-owned Oriental Bank of Commerce plans to raise up to Rs 1,000 crore by issuing Basel III compliant bonds on a private placement basis. "The bank intends to raise tier I capital through private placement of Basel III compliant additional tier I bonds of Rs 10 lakh each aggregating to Rs 500 crore with an option to retain subscription 71

24 October, 2017 5:49 PM Economy to get ₹7,00,000-crore stimulus

Amidst concerns over growth slowdown, the government on Tuesday announced ambitious plans for bank capitalisation to boost the economy, spur investments and create jobs, as well as a highway construction project. Stressing that the macro fundamentals of the economy are strong, Finance Minister Arun Jaitley announced the ₹5.35 lakh crore BharatMala Pariyojana 69