Twitter

Facebook

Youtube

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
  Rashtriya Sahara Roznama Sahara
UBI to get Rs 418-crore capital from government
Last Updated : 17 Mar 2017 07:37:53 PM IST
(file photo)
(file photo)
 

State-run United Bank of India on Friday said the central government will infuse Rs 418 crore capital in the bank as a part of turnaround-linked capital infusion plan.

 

 

 

 

"The exchange (Bombay Stock Exchange) is hereby informed that the bank has received a communication from the central government...informing inter alia capital allocation of Rs 418 crore as a part of turnaround-linked capital infusion plan," the lender said in a filing to the BSE.

 

Last September, the bank had received Rs 608 crore from the central government through preferential allotment of equity shares following the announcement of capital infusion of Rs 22,915 crore towards the recapitalisation of 13 public sector banks during 2016-17.

 

 



For Latest Updates Please-

Join us on

Follow us on


What binds the two most talked about nations - India and Pakistan together? What makes the

Kajal on Children Day : Actress Kajol took to social media to wish her kids, son Yug and d

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

172.31.16.186