SEARCHED FOR:CAPITAL INFUSION
FM may announce second round of capital infusion for non-life insurers in Budget
The government infused Rs 2,500 crore in the three insurers -- National Insurance, Oriental Insurance and United India Insurance -- through first supplementary demands for grants for 2019-20 last month. However, these companies would require additional Rs 10,000-12,000 crore capital dose to meet the prescribed solvency margin, sources said.
PSBs will need capital of up to Rs 2 lakh crore over next 2 years: Moody's
About a half of it would be required to build loan-loss provisions...
Mukesh Ambani's Reliance Industries says GIC, TPG to invest about $1 billion in retail arm
With these investments, Reliance Retail has collec...
Cabinet approves Rs 9,300 cr capital infusion in IDBI Bank
Out of Rs 9,000 crore, the government will provide Rs 4,557 crore as one-time re-capitalisation to IDBI Bank.
Talks underway to privatise some public sector banks
Punjab & Sind Bank, Bank of Maharashtra, IOB among PSU banks that could be privatised.
Govt okays proposal to infuse Rs 2,500 cr into 3 PSU general insurers for improving financial health
Briefing reporters here, Union Minister Prakash Javadekar said the capital has been infused in the light of the critical financial position and breach of regulatory solvency requirements of the general insurers. The capital infusion in these companies comes ahead of their proposed merger by the end of March 2020.
Punjab, UP, Rajasthan, evince interest in taking loans to pay gencos: New PFC CMD
The company needs to explore new areas of financing such as charging infrastructure and electric vehicles, renewable energy sources with substantial storage and make efforts to tap business from good business houses, , Dhillon who took charge of PFC on Monday said.
Centre asks NINL shareholders to infuse working capital till divestment happens
The decision was taken last week by commerce and industry minister Piyush Goyal, minister for steel Dharmendra Pradhan, secretaries and senior officials of the Odisha government at a meeting chaired by Goyal.
Pidilite leads $40m round in Pepperfry
Pepperfry may see another up to $40 million capital infusion over the next few months, said a senior executive at the online furniture retailer, without disclosing its valuations following the latest fundraising.
Investment tech startup Smallcase raises 100 crore
The round was led by DSP Group along with existing investors Sequoia Capital India, Blume Ventures, Beenext and WEH Ventures.
Carlyle weighs billion dollar bet on Axis Bank
Private equity group Carlyle has initiated discussions with Axis Bank for a fund infusion.
Investment tech startup Smallcase raises Rs 100 crore
Smallcase specialises in providing investment and wealth management products to capital market participants through platforms such as Zerodha, HDFC Securities, Kotak Securities, 5Paisa and AxisDirect.
Finmin may review capital requirement of PSU banks after second quarter
The finance ministry may assess the capital requirement of public sector banks after the September quarter as there would be greater clarity about a spike in bad loans by that time.
PNB board to consider Rs 18,000 crore capital infusion this week
It comes against the backdrop of the government's announcement on August 30 about merging 10 public sector banks into four entities
Some state discoms need waivers to tap Rs 90,000 crore infusion plan
The outstanding dues of Rajasthan distribution companies are the highest at Rs 31,682 crore followed by Tamil Nadu at Rs 13,485 crore, data available for February on the power ministry’s Praapti portal showed.
