SEARCHED FOR:CAPITAL INFUSION
Budget 2020: Govt may infuse fresh capital into regional rural banks
The size of the capital infusion could be in the range of Rs 10,000-15,000 crore, which would be spread over a span of five years. Capital infusion in RRBs assumes importance as the government is finding ways to boost credit to the farm sector.
Vodafone group’s capital infusion into Voda Idea inadequate: Analysts
The struggling telecom operator needs a hefty capital infusion from its...
Govt to infuse Rs 1,300 cr in Exim Bank next fiscal
The government has decided to pump Rs 1,300 crore into state-owned Export-Import Bank of ...
Steadview Capital puts another Rs 67 crore in Nykaa
The latest capital infusion follows the Rs 100 crore Steadview Capital invested in the Mumbai-headquartered company in April.
India risks ‘Japanification’ as bad loans surge, says Viral Acharya
The ex-central banker was referring to Japan’s experience in the 1990s when a weak banking and financial sector crippled activity and contributed to a lost decade of sub-par economic growth. The RBI sees the country’s bad-loan ratio swelling to the highest level in more than two decades — to 12.5% by March 2021, the highest level since 1999.
IOB receives government capital infusion of Rs 4,360 crore
State-owned Indian Overseas Bank has received government's capital infusion of Rs 4,360 crore towards contribution in the preferential allotment of equity shares.
If the economy opens up fully, chances of recovery are very good: A S Rajeev, CEO, Bank of Maharashtra
"The global economy has taken a hard hit due to Covid-19. The IMF in its recently released World Economic Outlook, June 2020 has reported that the global economy is expected to contract by 4.9% in 2020, the impact would be much larger than what we have seen during the global financial crisis of 2008."
DBS Bank profit rises, infuses $150 million in FY20
Net profit increased led by a 24% growth in revenues to Rs 1,444 crore from Rs 1,165 crore in fiscal 2019.
Tata Sons board meets again today to discuss fund infusion, strategies amid Covid crisis
The board will discuss approvals for fund infusion into businesses that urgently need liquidity. Tata Sons usually holds six to eight board meetings in a year. It is fairly unusual for two meetings to be held so close to each other. The holding company is likely to insist on renewed aggression to drive growth of key verticals such as consumer, retail, financial services and digital.
Avaana Capital infuses fresh funds in Frog Cycles
Frog already has a formidable retail presence in over 250 cities across 600+ retail points. It has previously raised funds from Fireside Ventures.
We are well set as far as fund infusion is concerned: Pradeep Dwivedi
Eros merger with STX International will help present Bollywood on the world stage, says CEO of Eros International.
For lenders with capabilities and capital, there is unlimited opportunity: IDFC First Bank
A large part of the banking system has gone into coma and for lenders with capabilities and capital, this is going to be an unlimited opportunity for many years and decades to come. People are preparing for that opportunity.
FIIs back in India, infuse Rs 23,000 crore in 7 sessions
Experts see a higher chance of FPI flows as MSCI and FTSE rebalancing are coming up
Federal Bank bets on gold loans to drive credit demand in sluggish economy
The bank is targeting gold loan growth to touch 35 per cent during FY21 as against 29 per cent in FY20.
There is plenty of room for agritech ventures to scale: Abhishek Mohan, Sequoia Capital
Startups and high-tech companies are bringing in Artificial Intelligence, Internet of Things (IoT) sensors, Machine Learning to agriculture and helping farmers take the guesswork out of farming.