https://www.taxtmi.com/news?id=4512 The government approved equity recapitalization of Public Sector Banks in 2012-13 to restore and maintain Tier-I CRAR and to enable compliance with Basel-III, with specific amounts, modes and terms to be decided with each PSB. It also gave `in principle` approval for additional need-based capital infusions from 2013-14 to 2018-19 to meet phased Basel-III core equity increases driven by higher capital ratios and elevated risk weights, aiming to support credit growth and regulatory capital adequacy. en-us Thu, 10 Jan 2013 15:35:06 +0530 Thu, 10 Jan 2013 15:35:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4512 The government approved equity recapitalization of Public Sector Banks in 2012-13 to restore and maintain Tier-I CRAR and to enable compliance with Basel-III, with specific amounts, modes and terms to be decided with each PSB. It also gave `in principle` approval for additional need-based capital infusions from 2013-14 to 2018-19 to meet phased Basel-III core equity increases driven by higher capital ratios and elevated risk weights, aiming to support credit growth and regulatory capital adequacy. News - Thu, 10 Jan 2013 15:35:06 +0530 https://www.taxtmi.com/news?id=4512