Page 4 - Capital Infusion

Capital infusion: Govt pumps Rs 10,882 crore in 4 public sector banks

Bank of Maharashtra got Rs 4,498 crore, Syndicate Bank Rs 1,632 crore and Central Bank of India Rs 1,678 crore

Sebi exempts govt from open offers for six PSBs post capital infusion

Pursuant to the capital infusion, the government's stake would rise by 5.21% in Punjab National Bank

Banks' profit to improve in FY18, capital infusion necessary: S&P

S&P Global Ratings today said profitability of banks will improve in the next fiscal but barring large capital infusion the ratings on PSU banks would remain vulnerable. In a report titled 'Progress Will be Slow for India's Banks in 2017', S&P said banks have been able to meet minimum regulatory requirements largely because of the government's capital infusions, their issuance of Additional Tier 1 capital, and lower growth in risk-weighted assets. "However, barring further large capital infusions from the government, the credit profiles of some of the public sector banks we rate in India will remain vulnerable," it said. It said India's banking sector will recover only marginally over the next few quarters. "We expect the Indian banking industry's growth and profitability to gradually improve in fiscal 2018 (the year beginning April 2017), from the low base of fiscal 2017," S&P Global Ratings Credit Analyst Amit Pandey said. However, the ...

Capital infusion in PSU banks after Q3 numbers

FM in Budget speech on Feb 1 announced capital infusion of Rs 10,000 cr for the next fiscal

Govt infusion in banks still short, say Icra & Fitch

Fitch said the government's capital infusion was unlikely to address the weak profitability of these banks