Over the past three weeks, the government has announced three buybacks of short-term securities along with a change in the planned treasury bill borrowings for the next six weeks.
The report speaks of greater supervision on the NBFCs as they are no longer a small segment in the economy with their outstanding loans being close to 20 percent of the banking system.
For an airline that loses around Rs 14 crore a day, Jet Airways faces an uphill task to raise capital and skirt insolvency proceedings.
"Government has decided to infuse capital funds to the tune of Rs 220 crore in Vijaya Bank by way of preferential allotment of equity in favour of Government of India as part of capital infusion for financial year 2015-16," Vijaya Bank said in a BSE filing.
After the arrest of its vice chairman Neeraj Singhal in a bribery-for-loan case, Bhushan Steel is under increasing pressure to infuse more funds to assure lenders it can service its mammoth Rs 40,000 crore debt burden.
The government was taken to task today by a parliamentary committee for not infusing the entire equity amount of Rs 8,574 crore in the current fiscal in Air India as required by its Turnaround Plan (TAP), saying such shortfall would adversely affect its profitability.
State Bank of India today said it has fixed issue price of Rs 2,312.78 a share for preferential allotment to the government to raise Rs 3,004 crore as part of the capital infusion plan for the this fiscal.
Public sector Central Bank of India will raise capital up to Rs 2,046 crore by mid-March through a preferential allotment route as part of the capital infusion by the government.
State-owned Union Bank of India today said it will get a capital infusion of Rs 2,500 crore as part of the government's plan to recapitalise the public sector banks.
The Cabinet Committee on Economic Affairs (CCEA) today cleared the proposal to infuse Rs 12,200 crore in public sector banks. Aakanksha Sethi of CNBC-TV18 gives the details of the recapitalisation.
India will start implementing new global capital rules for banks, known as Basel III, from April 1, 2013 rather than the beginning of January, the Reserve Bank of India (RBI) said on Friday.
Moving onto the turbulence in the aviation sector, State Bank of India (SBI) on Tuesday clarified that with the government injecting capital in the ailing Air India, the airline's restructuring won't hurt banks significantly.