Communications Minister Ravi Shankar Prasad said the government is taking steps to make BSNL more competitive and these include up-gradation of technology and capital infusion.
Finance Minister Arun Jaitley is expected to unveil provisions to make things move fast in positive direction and to continue the momentum to energise the lenders.
According to a report issued by Moody’s, capital infusion from the government will be the only viable source of external equity capital for state-owned banks, given their low equity valuations
In 2013-14, the erstwhile Manmohan Singh-led UPA government had pumped Rs 6000 crore into the airline in a similar manner. This was Rs 1,000 crore more than the approved amount
New Delhi: The government has announced a capital infusion of Rs.6990 crore in nine state run banks, including State Bank of India (SBI) and Punjab National Bank (PNB), based on new efficiency parameters such as
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