PSU Banks to be Infused Rs 70,000 Crores
In the announcement made by the finance minister Nirmala Sitharaman in her speech on Friday, she stated that public sector banks will be provided with...
Tag : PSBs
Union Government To Infuse More Than Rs. 48,200 Crores In 12 PSBs
The government, on Wednesday, has announced to infuse Rs. 48,239 crores into 12 public sector banks in 2018-19 in order to help them meet capital...
Government Planning To Bring Down Stake In Public Sector Banks
According to the Government official, the Finance Ministry is trying to bring down the government’s equity in the Public Sector Banks (PSBs) to 52%, in...
Government plans to lower its stake in 8 PSBs
Government is in the process of lowering its stake in public sector banks (PSBs) below 75%, for complying with SEBI’s norm of minimum public shareholding...
PSBs aims to raise Rs 17,800 cr to shore up capital
The Punjab National Bank and Union Bank aims to increase a combined Rs 17,800 crore in one or more tranches this year. Punjab National Bank,...