• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai , Jan. 24

THE new hybrid instruments will enable banks to raise additional Rs 1,00,000 crore, said Dr Y. V. Reddy, Governor, Reserve Bank of India, said on Tuesday.

The guidelines are likely to be released within three to four days and would include preferential shares, Dr Reddy said. These instruments will allow public sector banks to raise funds to meet the growing credit requirements, while maintaining Government holding at 51 per cent.

More Stories on : Financial Policy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
`New pension system to have sizeable subscriber base'

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line