Search For "capital infusion"
BTI Payments receives Rs 1500 million of equity funding to expand operatio
Updated : 6 years, 6 months ago IST
New Delhi [India] August 23 (ANI/BusinessWire India): BTI Payments Private Ltd, a joint venture between the Banktech Group and funds managed by ICICI Venture, on Thursday announced a fresh round of capital infusion of Rs 1,500 million. This round of funding is driven by the existing promoter
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Airtel’s capital infusion plan to create robust investment pipeline
Updated : 7 years ago IST
New Delhi [India], Mar 7 (ANI): Bharti Airtel on Thursday gave further details of its largest capital infusion plan involving a mix of rights issue and perpetual bond issue to raise a total of up to Rs 32,000 crore to further bolster its capital structure.
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Rs 48,200 crore infusion into banks will not resolve legacy problem loans:
Updated : 7 years ago IST
Singapore, Feb 21 (ANI): The latest move of India government of capital infusions will improve the solvency of banks and significantly boost their provisions for non-performing loans but large volumes of legacy problem loans are yet to be resolved, Moody’s Investors Service said on
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Cabinet approves Rs 6,000 crore capital infusion for Export-Import Bank
Updated : 7 years, 1 month ago IST
New Delhi (India), Jan 16 (ANI): The Union Cabinet on Wednesday approved fresh capital infusion in the form of recapitalisation of bonds in the Export-Import Bank of India (Exim Bank) to the tune of Rs. 6,000 crore and the authorised share capital of Exim Bank has been increased from Rs 1
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Capital infusion in PSBs by December: Sources
Updated : 7 years, 3 months ago IST
New Delhi [India], Nov 22 (ANI): Government sources on Thursday said that capital infusion into Public Sector Banks (PSBs) are likely to take place by the end of 2018.
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Qbera raises USD 3Mn by E-City Ventures
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 22 (ANI): Qbera, India's leading digital lending platforms, has raised funds worth USD 3 million in a round led by E-City Ventures.
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Alibaba invests $866mn in Beijing-based bicycle-sharing platform
Updated : 8 years ago IST
New Delhi [India], Mar. 13 (ANI): Ofo, a station-free bike-sharing platform announced capital infusion to the tune of USD 866 million led by Alibaba Group, thus enabling greater operational efficiency of the bike-sharing system.
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Capital infusion reaffirms Centre's trust in PSBs: IOB
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 24 (ANI): Welcoming the Rs 4,694 crore-worth capital infusion from the government, the Indian Overseas Bank (IOB) on Wednesday said the designated amount will facilitate the bank to meet its regulatory requirements.
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IDBI gains maximum capital infusion from Centre
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.
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Market mop up may exceed Rs 58,000 cr: ASSOCHAM
Updated : 8 years, 4 months ago IST
New Delhi [India], October 29 (ANI): In the wake of the recent government announcement on capital infusion for public sector banks (PSBs), dilution of government equity up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 cror
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