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FM aims Rs 15,600cr capital infusion for PSBs this fiscal

CNBC-TV18‘s learns that the finance ministry will announce capital infusion for PSU banks shortly. The Finance Ministry has approved the bank re-capitalisation plan for this fiscal and will be infusing capital in close to 10 banks.
KFA rejig: No immediate lay-offs, few flights suspended

Kingfisher Airlines on Tuesday announced that it had no immediate plans to lay-off its employees. The airlines however, conveyed its intention to close down some stations temporarily.

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Re Capitalisation

FM aims Rs 15,600cr capital infusion for PSBs this fiscal

KFA rejig: No immediate lay-offs, few flights suspended