{"id":50796,"date":"2013-01-10T14:40:11","date_gmt":"2013-01-10T19:40:11","guid":{"rendered":"http:\/\/manipur-mail.com\/?p=14896"},"modified":"2013-01-10T14:40:11","modified_gmt":"2013-01-10T19:40:11","slug":"cabinet-approves-rs-12517-crore-capital-infusion-in-psu-banks","status":"publish","type":"post","link":"https:\/\/www.manipur.org\/news\/2013\/01\/10\/cabinet-approves-rs-12517-crore-capital-infusion-in-psu-banks\/","title":{"rendered":"Cabinet approves Rs 12,517 crore capital infusion in PSU banks"},"content":{"rendered":"<p>MNS: The Union Cabinet on Thursday approved a proposal to inject Rs 12,517 crores in public sector banks to help them enhance the lending activity and meet the capital adequacy norms.<br \/>\n&#8220;About 9-10 public sector banks will benefit from the capital infusion programme,&#8221; Finance Minister P Chidambaram told media after the Cabinet meeting.<br \/>\nIt will provide capital funds to PSBs during the year 2012-13 to the tune of Rs.12,517 crore to maintain their Tier-l CRAR at comfortable level, so that they remain compliant with the stricter capital adequacy norms under BASEL-III as well as to support internationally active PSBs for their national and international banking operations undertaken through their subsidiaries and associates.<br \/>\n&#8216;In principle&#8217; approval of the Cabinet is accorded for need based additional capital infusion in PSBs from the year 2013-14 to 2018-19 for ensuring compliance to Capital Adequacy norms under Basel- III.This will ensure compliance to the regulatory norms on capital adequacy.ANI<\/p>\n\n<p class=\"syndicated-attribution\">Read more \/ Original news source: <a href=\"http:\/\/manipur-mail.com\/cabinet-approves-rs-12517-crore-capital-infusion-in-psu-banks\/\">http:\/\/manipur-mail.com\/cabinet-approves-rs-12517-crore-capital-infusion-in-psu-banks\/<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>MNS: The Union Cabinet on Thursday approved a proposal to inject Rs 12,517 crores in public sector banks to help them enhance the lending activity and meet the capital adequacy norms. &#8220;About 9-10 public sector banks will benefit from the capital infusion programme,&#8221; Finance Minister P Chidambaram told media after the Cabinet meeting. It will [&#8230;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[985,4],"tags":[986,990],"class_list":["post-50796","post","type-post","status-publish","format-standard","hentry","category-manipur-mail","category-news","tag-manipur-mail-2","tag-national"],"_links":{"self":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts\/50796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/comments?post=50796"}],"version-history":[{"count":0,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/posts\/50796\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/media?parent=50796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/categories?post=50796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.manipur.org\/news\/wp-json\/wp\/v2\/tags?post=50796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}