Just a moment...

Top
Help
Upgrade to AI Tools

We've upgraded AI Tools on TaxTMI with two powerful modes:

1. Basic
Quick overview summary answering your query with referencesCategory-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
Detailed report covering:
     -   Overview Summary
     -   Governing Provisions [Acts, Notifications, Circulars]
     -   Relevant Case Laws
     -   Tariff / Classification / HSN
     -   Expert views from TaxTMI
     -   Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Explore AI Tools

Powered by Weblekha - Building Scalable Websites

×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        Showing Results for : Reset Filters
        Case ID :
        News and Press Release

        Capitalisation of Public Sector Banks During 2013-14.

        October 23, 2013

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        The capital infusion by the Government of India in Public Sector Banks (PSBs) is done with the twin objective of adequately meeting the credit requirement of the productive sectors of economy as well as to maintain regulatory capital adequacy ratios in PSBs. The Government of India, as the majority shareholder, is committed to keep all PSBs adequately capitalized.   Infusion of capital by Government in PSBs is in addition to their internally generated capital to enable the banks to maintain a comfortable level of Tier-I CRAR. Towards this end, the Government of India has been infusing need based capital in PSBs.   An amount of Rs.12,517 crore was infused in 13 PSBs during 2012-13.

        The Government of India has approved infusion of Rs.14,000 crore in the PSBs during Financial Year 2013-14, through preferential allotment of equity in its favour, as per the following particulars:

        Sl. No.

        Name of the Public Sector Bank

        Amount of capital approved for infusion by Government of India (Rs. in Crore)

        1

        Allahabad Bank

        400

        2

        Andhra Bank

        200

        3

        Bank of Baroda

        550

        4

        Bank of India

        1000

        5

        Bank of Maharashtra

        800

        6

        Canara Bank

        500

        7

        Central Bank of India

        1800

        8

        Corporation Bank

        450

        9

        Dena Bank

        700

        10

        IDBI Bank Ltd

        1800

        11

        Indian Overseas Bank

        1200

        12

        Oriental Bank of Commerce

        150

        13

        Punjab and Sind Bank

        100

        14

        Punjab National Bank

        500

        15

        Syndicate

        200

        16

        UCO

        200

        17

        Union Bank of India

        500

        18

        United Bank of India

        700

        19

        Vijaya Bank

        250

        20

        State Bank of India

        2000

         

        TOTAL

        14,000

        Capital infusion to recapitalise public sector banks maintains Tier I capital adequacy through government preferential equity allotment. The Government approved a programme of capital infusion totalling fourteen thousand crore rupees in Financial Year 2013-14 to maintain comfortable levels of Tier I CRAR in public sector banks, to be implemented through preferential allotment of equity to the Government, allocating specified amounts to multiple banks to supplement internally generated capital and support credit to productive sectors.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Capital infusion to recapitalise public sector banks maintains Tier I capital adequacy through government preferential equity allotment.

                                The Government approved a programme of capital infusion totalling fourteen thousand crore rupees in Financial Year 2013-14 to maintain comfortable levels of Tier I CRAR in public sector banks, to be implemented through preferential allotment of equity to the Government, allocating specified amounts to multiple banks to supplement internally generated capital and support credit to productive sectors.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found