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The non-performing assets of Indian banks are expected to touch 4 per cent of the total assets in 2012 from about 3 per cent in 2011, Fitch said in a report.

 
 
The capital infusion would raise government's stake in the bank. At present, the Government of India holds 58 per cent stake in PNB.
Total income of the lender rose to Rs 1,895.49 crore during the October-December quarter from Rs 1,287.82 crore in the same period last financial year.
During the quarter, net interest income of the bank rose 12 per cent year-on-year to Rs 3,116 crore.
 
 
Total income of the lender increased to Rs 7,206.77 crore during the October-December quarter from Rs 4,986.02 crore in the same period last year.
Tthe Reserve Bank issued draft guideline envisaging that the equity capital of a bank should not be less than 5.5 per cent of risk-weighted loans.
With the acquisition by Bank of India, Bharti Enterprises, which has about 25 per cent stake in the fund house will exit from the asset management business.
State-run lender Bank of India has decided to advance its proposed re-entry into the mutual fund business by a few months to December.
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