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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Legal Catalyst Watch · Equity Update SEPC Ltd (₹5.23): Q1FY27 Total Income Up 40%, Madras HC Verdict Awaited Total income touched ₹282 crore in Q1 FY27, the order book stands at ₹10,670 crore, and the long-running Twarit litigation at the Madras High Court has now moved past clarifications to the "For Pronouncing Orders" stage — with the next posting listed for 21st September 2026. SEPC Limited has had two separate pieces of news land close together this quarter. One is financial — a results release showing strong topline growth alongside a margin dip. The other is legal — and it is the one our readers have been asking about for months. This report brings both together, without repeating what we already covered in detail. 1 Q1FY27: The Growth Number Behind The Headline SEPC's consolidate...
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Government to infuse Rs.14,000 crore equity in banks
The government Wednesday said it will infuse Rs.14,000 crore equity capital in 20 public sector banks during the current financial year.

"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,” the finance ministry said in a statement. 

The country's largest lender State Bank of India will get Rs.2,000 crore equity capital from the government. The Central Bank of India and IDBI Bank will get Rs.1,800 crore each. 

The government will provide Rs.1,200 crore equity capital to Indian Overseas Bank, and Bank of India will get Rs.1,000 crore. 

Punjab National Bank and Union Bank of India will get Rs.500 crore each. United Bank of India will get Rs.700 crore, Vijaya Bank Rs.250 crore, and Syndicate and UCO Bank will get Rs.200 crore each. 

Other lenders that will be benefited from the government's equity infusion programme include Allahabad Bank Rs.400 crore; Andhra Bank Rs.200 crore; Bank of Baroda Rs.550 crore; Bank of Maharashtra Rs.800 crore; Canara Bank Rs.500 crore; Corporation Bank Rs.450 crore; and Dena Bank Rs.700 crore. 

The government infused Rs.12,517 crore in 13 public sector banks in the financial year ended March 2013. 

According to the finance ministry, the capital infusion by the government in public sector 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." 

"The government of India, as the majority shareholder, is committed to keep all PSBs adequately capitalised," it said.

Courtesy: The New Indian Express

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