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Recapitalization News

PSBs Outperformed Benchmark Indices Today: Should You Invest?

PSBs in Thursday's intra-day session today surged in the range of 5-19% due to substantial buying in these stocks. And some of the six names from the space have outperformed benchmark indices today. One of the prime reason behind the ...

Govt to Infuse Over Rs 88,000 Crore in 20 PSBs

The Government has announced a capital infusion of Rs 88,139 crore in 20 Public Sector Banks (PSBs) during the current fiscal, reported PTI. Finance Minister Arun Jaitley said that a detailed exercise was undertaken on the amount to be infused into ...

Bank Recapitalization: PNB, 7 Other PSBs To Raise Money From Market By March

As many as eight public sector banks (PSBs) have decided to raise capital from the market within four months as part of the Rs 2.11 lakh crore recapitalization plan, according to official sources. Some banks have already got approval from the ...