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Tag Archive for 'Public Sector Banks'

Public sector banks hop on capitalization thrust

Bank of India Logo

The shares of the public sector banks rallied sharply on the bourses, as the Finance Minister, Pranab Mukherjee, declared capital infusion for them in the Union Budget 2012-13. Mukherjee also added that, Rs. 15, 888 crore will be provided for the capitalization of public sector and regional rural banks and NABARD. In this situation, a […]

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Budget 2012: Nationalized Banks Will Get Enough Capital – Says FM

Pranab Mukherjee Budget

The Finance Minister, Pranab Mukherjee on Sunday announced that, all the nationalized banks will get enough capital to fight against the economic short comings in the country. During the inauguration of the new corporate office of the Oriental Bank of Commerce, Mukherjee added that, “Government is working on the way to provide adequate capital to […]

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