Mumbai: Finance Minister Pranab Mukherjee on Saturday said the government will provide adequate capital to the state-owned banks during the current fiscal, a move that will help them to meet the international solvency norms. "I would like to reassure, that I will provide adequate capital to the banks as and when necessary...there should be no apprehensions about bank recapitalisation," he said while speaking at the Canara Bank function in Mumbai....
Finance Secretary Arun Ramanathan on Wednesday met private bankers. ...
Canara Bank plans to buy Dena Bank and Oriental Bank of Commerce. ...
ICICI Board approves the submission, while Canara Bank has submitted an EoI to acquire United Western Bank. ...