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TMI BlogRS. 12,517 Crore Capital to be Infused in PSB’st to Augment their Tier-1 CapitalX X X X Extracts X X X X X X X X Extracts X X X X ..... RS. 12,517 Crore Capital to be Infused in PSB’st to Augment their Tier-1 Capital - News and Press Release Dated:- 27-2-2013 - News - Government has proposed to infuse an amount of Rs. 12,517 crore in Public Sector Banks(PSB s) to augment their Tier-1 capital in FY-2012-13. A sum of Rs. 12,000 crore was infused during 2011-12 to enable them to maintain a minimum Tier-1 CRAR of 8 per cent. Perfo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rmance of Indian banks during the year 2011-12 was conditioned to a large extent by fragile recovery of global financial markets as well as a challenging operational environment on the domestic front. The operating performance of the Scheduled Commercial Banks(SCBs) can be summed up as follows:- Public Sector Banks(PSB s) had a dominant share and accounted for 72 percent of the total i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncome of the SCBs and 72.8 per cent of aggregate assets. In 2011-12, there was a sharp increase in the expenditure on provisioning and contingencies. As percentage of PSB assets, the provisioning expenditure increased from 1.04 per cent in 2010-11 to 1.11 per cent in 2011-12. PSBs were able to increase their interest spread from 2.55 per cent in 2010-11 to 2.59 per cent in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2011-12. Net profit as percentage of assets remained sticky at 0.98 per cent in 2010-11 and 2011-12. The Capital to Risk-Weighted Assets Ratio (CRAR) remained well above the RBI s stipulated 9 per cent for the system as a whole as well as for all bank groups during 2011-12, indicating that Indian banks remained well-capitalized. Overall NPAs of the Banking secto ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r increased from 2.36 per cent of total credit advanced in March, 2011 to 3.57 per cent of total credit advanced in September 2012. DSM/UM/RC/RV (Release ID :92601) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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