Search For "capital infusion"
Cabinet approves capital infusion of Rs 12,450 crore in three public secto
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Union Cabinet on Wednesday approved capital infusion of Rs 12,450 crore in three public sector general insurance companies.
Read More
Religare completes Kedaara deal in health insurance arm
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Religare Group on Wednesday announced the completion of a transaction with Kedaara Group entity Trishikhar Ventures LLP for investments in its health insurance subsidiary Religare Health Insurance Company Ltd (RHICL).
Read More
After losses for 13 quarters, IDBI Bank clocks Q4 profit of Rs 135 crore
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 30 (ANI): IDBI Bank on Saturday reported a net profit of Rs 135 crore in the quarter ended March as against a loss of Rs 4,918 crore for Q4 FY19.
Read More
RBI announces draft revival plan for Yes Bank, SBI willing to invest
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): The Reserve Bank of India (RBI) placed in public domain a draft scheme of reconstruction for Yes Bank on Friday, a day after it superseded the board of troubled private sector lender with immediate effect.
Read More
Piramal reports 20 pc hike in Q3 profit at Rs 724 crore
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 4 (ANI): Piramal Enterprises Ltd on Tuesday posted 20 per cent jump in its net profit during the third quarter of current fiscal year (Q3 FY20) at Rs 724 crore compared to Rs 602 crore in Q3 FY19.
Read More
Reforms in banking sector to remain priority: Sitharaman
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): A clean, reliable and robust financial sector is critical to achieving the vision of India becoming a five trillion economy in the next five years, Finance Minister Nirmala Sitharaman said on Saturday.
Read More
Sensex closes 411 points higher, PSU bank index surges 3 pc on capital inf
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 27 (ANI): Equity benchmark indices snapped a three-day losing streak on Friday following gains in global peers over the signing of US-China trade deal.
Read More
Crisil assigns A-plus rating for IDBI's Rs 2,000 crore tier-II bonds
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 18 (ANI): Crisil has assigned A-plus rating with stable outlook to the Rs 2,000 crore tier two bonds under Basel III of IDBI Bank Ltd.
Read More
Centre informs parliament about infusion of capital to PSBs
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 19 (ANI): In addition to capital infused earlier by the Government, provision of Rs 70,000 crore has been made for infusion of capital by the Government in banks in the Budget for the current Financial Year to boost credit for impetus to the economy, the Finance Min
Read More
Reliance to invest Rs 1.08 lakh crore in new digital services subsidiary
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 26 (ANI): Reliance Industries Ltd (RIL) board of directors has approved the formation of wholly-owned digital services subsidiary with a capital infusion of Rs 1.08 lakh crore.
Read More
IDBI Bank's board approves preferential issue of Rs 4,557 crore to governm
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 19 (ANI): The board of directors at IDBI Bank on Thursday approved the proposal for preferential issue of capital to the government and Life Insurance Corporation (LIC) totalling up to Rs 4,557 crore and Rs 4,743 crore respectively.
Read More
Cabinet clears Rs 9,300 crore capital infusion in IDBI Bank
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 3 (ANI): The Central government on Tuesday approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender's capital base.
Read More