SEARCHED FOR:CAPITAL INFUSION
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.
Vodafone group’s capital infusion into Voda Idea inadequate: Analysts
The struggling telecom operator needs a hefty capital infusion from its...
State Bank of India gets global recognition for HR initiative 'Nayi Disha'
SBI has won these awards in three categories viz. Best Learning Pr...
NBFCs, HFCs with more than 6pc net NPAs won't be eligible for special liquidity scheme: RBI
NBFCs, HFCs with more than 6% net NPAs won't be eligible for special liquidity scheme, the RBI has said.
It will be a long road to recovery from Covid-19: Axis Bank's Amitabh Chaudhry
We are in a long haul before the economy recovers to pre-Covid levels partly driven by the fact that consumption patterns have been debilitated in many ways, said Amitabh Chaudhry while replying to a question
Kirloskar's NBFC arm raises over Rs 100 crore
The debt securities, known non-convertible debentures in market parlance will be up to three-year maturities. These papers will be listed on the BSE.
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.
Axis Bank to continue with pre-Covid provisions: MD & CEO Amitabh Chaudhry
We had drawn up our GPS (growth-profitability-sustainability) strategy before Covid happened. While we will be conservative, we will pursue growth wherever we see an opportunity. We will use the time to ensure we capture the right opportunities., said Chaudhry.
CCEA extends liquidity infusion scheme to cover discom dues till June 30
Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.
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.
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.
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.
PNB board to consider Rs 18,000-crore capital infusion this week
The mega merger plan of public sector banks (PSBs) is being seen as the biggest consolidated exercise in the banking space, aimed at making them lenders of global size and scale.
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."