NEWS & ADVICE : FIXED DEPOSITS
PNB and BOI receives capital infusion from Government
By Neelima Shankar
Mar 7, 2013
Print    Email    RSS   

State-owned lender, Punjab National Bank (PNB) and Bank of India (BOI) have received capital infusion of over Rs 2050 crore.

Punjab National Bank has received allotment money of Rs 1247.99 crore from the Government of India on March 4, 2013 and Bank of India on the other hand, received Rs 808.99 crore from the government.

This is a part of the Rs 12,517 crore capital infusion plan announced by the government in January. PNB got capital infusion of Rs 1285 crore last year.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Fetch higher interest rate on your savings...
Carnival of Indian Personal Finance Blogs #3
Financial planning: a tool to retire...
Infrastructure bonds: another tax saving...
Gold ETFs or Gold Funds: Which One Should...


What is the FD interest rate in India?
what is the bank interest rate for fixed deposit
as sr citizen i deposit 40lacs i want to know how...
Escorts in panchkula......9872814230???

NEWS THIS WEEK
EPFO to launch UAN facility by 16th October, 2014. Sep 22, 2014
Allahabad Bank bags award Sep 17, 2014
SBI revised rates for the term deposits of less than 1 crore Sep 16, 2014
HDFC to issue debit card PIN through SMS Sep 15, 2014
New branch of Corporation bank in Maharashtra Sep 12, 2014
News Archive