Centre Likely To Infuse Capital In BSNL, MTNL: Report
Business | Indo-Asian News Service | Sunday September 8, 2019
The funds infusion in both BSNL and MTNL will be through bonds as has been the case of PSU bank recapitalisation, according to the report.
Cabinet Clears Rs 9,300-Crore Capital Infusion In IDBI Bank; Shares Jump
Business | Edited by Sandeep Singh | Tuesday September 3, 2019
The Cabinet on Tuesday approved a capital infusion plan worth Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan with a one-time infusion of funds by the government and Life Insurance Corporation (LIC), Union Minister Prakash Javadekar said. The recapitalisation plan will put IDBI Bank "in the front foot to take t...
Headwinds To Result In 6.4% GDP Growth In India This Fiscal Year: Moody's
Business | ANI | Tuesday August 27, 2019
Moody's has cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent. For calendar year 2020, it reduced the estimate to 6.7 per cent.
Infusion Of Rs 70,000 Crore In State-Run Banks To Push Loan Growth By 15%: Moody's
Business | Indo-Asian News Service | Monday August 26, 2019
Moody's estimates that fresh capital will enable PSU banks to grow loans by around 13-15% in 2019-20, compared with about 10% in fiscal year 2019.
Angel Tax Provisions For Start-Ups Removed, Says Finance Minister
India News | Edited by Stela Dey | Friday August 23, 2019
The government today announced measures to revive economic growth and markets including the withdrawal of higher taxes for foreign portfolio investors (FPIs) and said it would release funds for bank recapitalisation upfront. Finance Minister Nirmala Sitharaman told reporters the government had decided to withdraw the surcharge on FPIs which she had...
Budget 2019: Government Plans Rs 70,000 Crore Bank Recapitalisation
Business | Thomson Reuters | Friday July 5, 2019
The state-owned banks, which control a majority of banking assets in India, have been weighed down by nearly $150 billion in stressed assets
Opinion: Faster Bank Recapitalisation To Improve Liquidity Situation
Business | Mustafa Nadeem | Friday June 14, 2019
The distress in rural demand and the ongoing agrarian crisis are taking a toll on the agriculture sector.
Budget: SBI Doesn't Need Any Capital From Government, Says Chairman Rajnish Kumar
Business | Indo-Asian News Service | Thursday June 13, 2019
In March, SBI raised Rs 1,251 crore in bonds to boost its additional Tier 1 capital ratio. Its board has extended the deadline to raise Rs 20,000 crore till March next year.
Government Not To Seek Funds For State-Run Bank Recapitalisation: Report
Business | Indo-Asian News Service | Monday June 17, 2019
In 2018-19, the government had pumped in the highest-ever infusion of Rs 1.6 lakh crore into PSBs to meet regulatory and growth capital requirements.
Public Sector Banks May Raise Own Capital Till June: Report
Business | Indo-Asian News Service | Friday March 15, 2019
In February, the government approved Rs 48,239 crore recapitalisation bonds for 12 PSBs.
Government To Infuse Rs 48,239 Crore Into 12 State-Run Banks
Business | Press Trust of India | Wednesday February 20, 2019
Corporation Bank is the biggest beneficiary of this round of capital infusion with Rs 9,086 crore of funding.
Government Does Not Need RBI Reserves To Manage Fiscal Deficit: Arun Jaitley
Business | Press Trust of India | Monday December 31, 2018
Finance Minister Arun Jaitley said that central banks of most of the countries keep a reserve of 8 per cent, while some conservative central banks maintain 14 per cent reserves.
Government Seeks To Infuse Additional Rs 41,000 Crore In State-Run Banks
Business | NDTV Profit Team | Thursday December 20, 2018
The funds will enhance the government's existing bank recapitalisation outlay from Rs 65,000 crore to Rs 1.06 lakh crore in the current financial year.
Centre To Infuse 42,000 Crore Rupees In Debt-Laden State-Run Banks By March
Business | Indo-Asian News Service | Tuesday November 27, 2018
The Rs 42,000 crore capital infusion is part of the Rs 2.11 lakh crore, two-year, front-loaded bank recapitalisation plan announced by the government in October 2017 to support credit growth.
State Banks May Have To Find Own Funding After Rs 2.11 Lakh Crore Bailout
Business | Thomson Reuters | Monday April 2, 2018
Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asia's third-biggest economy.
सिंपल समाचार : सरकार का मेगा प्लान, बैंक बचाओ देश बचाओ
Oct 26, 2017
PSU Bank Recapitalisation Impact
Jul 20, 2016
Nifty Close To A Bottom?
Feb 19, 2016
Centre Likely To Infuse Capital In BSNL, MTNL: Report
Business | Indo-Asian News Service | Sunday September 8, 2019
The funds infusion in both BSNL and MTNL will be through bonds as has been the case of PSU bank recapitalisation, according to the report.
Cabinet Clears Rs 9,300-Crore Capital Infusion In IDBI Bank; Shares Jump
Business | Edited by Sandeep Singh | Tuesday September 3, 2019
The Cabinet on Tuesday approved a capital infusion plan worth Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan with a one-time infusion of funds by the government and Life Insurance Corporation (LIC), Union Minister Prakash Javadekar said. The recapitalisation plan will put IDBI Bank "in the front foot to take t...
Headwinds To Result In 6.4% GDP Growth In India This Fiscal Year: Moody's
Business | ANI | Tuesday August 27, 2019
Moody's has cut India's GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent. For calendar year 2020, it reduced the estimate to 6.7 per cent.
Infusion Of Rs 70,000 Crore In State-Run Banks To Push Loan Growth By 15%: Moody's
Business | Indo-Asian News Service | Monday August 26, 2019
Moody's estimates that fresh capital will enable PSU banks to grow loans by around 13-15% in 2019-20, compared with about 10% in fiscal year 2019.
Angel Tax Provisions For Start-Ups Removed, Says Finance Minister
India News | Edited by Stela Dey | Friday August 23, 2019
The government today announced measures to revive economic growth and markets including the withdrawal of higher taxes for foreign portfolio investors (FPIs) and said it would release funds for bank recapitalisation upfront. Finance Minister Nirmala Sitharaman told reporters the government had decided to withdraw the surcharge on FPIs which she had...
Budget 2019: Government Plans Rs 70,000 Crore Bank Recapitalisation
Business | Thomson Reuters | Friday July 5, 2019
The state-owned banks, which control a majority of banking assets in India, have been weighed down by nearly $150 billion in stressed assets
Opinion: Faster Bank Recapitalisation To Improve Liquidity Situation
Business | Mustafa Nadeem | Friday June 14, 2019
The distress in rural demand and the ongoing agrarian crisis are taking a toll on the agriculture sector.
Budget: SBI Doesn't Need Any Capital From Government, Says Chairman Rajnish Kumar
Business | Indo-Asian News Service | Thursday June 13, 2019
In March, SBI raised Rs 1,251 crore in bonds to boost its additional Tier 1 capital ratio. Its board has extended the deadline to raise Rs 20,000 crore till March next year.
Government Not To Seek Funds For State-Run Bank Recapitalisation: Report
Business | Indo-Asian News Service | Monday June 17, 2019
In 2018-19, the government had pumped in the highest-ever infusion of Rs 1.6 lakh crore into PSBs to meet regulatory and growth capital requirements.
Public Sector Banks May Raise Own Capital Till June: Report
Business | Indo-Asian News Service | Friday March 15, 2019
In February, the government approved Rs 48,239 crore recapitalisation bonds for 12 PSBs.
Government To Infuse Rs 48,239 Crore Into 12 State-Run Banks
Business | Press Trust of India | Wednesday February 20, 2019
Corporation Bank is the biggest beneficiary of this round of capital infusion with Rs 9,086 crore of funding.
Government Does Not Need RBI Reserves To Manage Fiscal Deficit: Arun Jaitley
Business | Press Trust of India | Monday December 31, 2018
Finance Minister Arun Jaitley said that central banks of most of the countries keep a reserve of 8 per cent, while some conservative central banks maintain 14 per cent reserves.
Government Seeks To Infuse Additional Rs 41,000 Crore In State-Run Banks
Business | NDTV Profit Team | Thursday December 20, 2018
The funds will enhance the government's existing bank recapitalisation outlay from Rs 65,000 crore to Rs 1.06 lakh crore in the current financial year.
Centre To Infuse 42,000 Crore Rupees In Debt-Laden State-Run Banks By March
Business | Indo-Asian News Service | Tuesday November 27, 2018
The Rs 42,000 crore capital infusion is part of the Rs 2.11 lakh crore, two-year, front-loaded bank recapitalisation plan announced by the government in October 2017 to support credit growth.
State Banks May Have To Find Own Funding After Rs 2.11 Lakh Crore Bailout
Business | Thomson Reuters | Monday April 2, 2018
Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asia's third-biggest economy.
सिंपल समाचार : सरकार का मेगा प्लान, बैंक बचाओ देश बचाओ
Oct 26, 2017
PSU Bank Recapitalisation Impact
Jul 20, 2016
Nifty Close To A Bottom?
Feb 19, 2016
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