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Capital funds News

29 Mar 2016

BoI to get Rs 1,150-cr capital infusion from govt

State-run Bank of India (BoI) on Tuesday said the government has approved a capital infusion of Rs 1,150 crore in lieu of preferential allotment of shares.

28 Mar 2016

Syndicate Bank to raise Rs 217 crore by share sale to LIC

Public sector lender Syndicate Bank will raise over Rs 217 crore by allotting preferential shares to LIC to shore up capital to meet Basel III norms.

05 Apr 2015

Chaayos bets on USD 10 billion Chai market in India

Chaayos is in advance talks with venture capital funds and is hoping to close the deal soon.

public sector banks

01 Apr 2015

Govt infuses Rs 6,690 crore in nine PSBs in FY 2015

The government has pumped in Rs 6,690 crore in nine public sector banks, including SBI, Punjab National Bank, Bank of Baroda, Canara Bank, Syndicate Bank for the fiscal ended March 31, 2015 to strengthen their capital base.

21 Aug 2014

Banks' single group exposure cap high; review in 2014-15: RBI

Hinting at tightening banks' single group exposure cap from current 40 percent, RBI Thursday said it will be reviewing this credit limit to gradually align it with the global group exposure practices and mitigate risks.

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