Bank Recapitalisation
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Public Sector Banks Recapitalisation Should Be Part Of Broader Package Of Financial Reforms, Says IMF
The asset quality review, initiated by the Reserve Bank of India (RBI) in December 2015, prompted banks to take steps to recognise all nonperforming assets and ensure appropriately provisioned balance sheets by March 2017.
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Government Unveils Details Of Rs 88,000 Crore Bank Recapitalisation Plan: 10 Points
IDBI Bank, the lender with the highest stressed-loan ratio, will get the biggest chunk of Rs 10,610 crore out of Rs 88,139 crore that the government is infusing in state banks.
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Budget 2018: Fund Infusion To Level Core Capital Profile For PSU Banks, Says Report
Pace of fresh bad loan generation continues to moderate with an annualised rate of 3.9 per cent for the second quarter of FY18 as against an annualized 5 per cent for the first half and 5.5 per cent for FY17.
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Lok Sabha Clears Rs 80,000 Crore Bank Recapitalisation Plan
The Lok Sabha on Thursday cleared the Rs 80,000 crore bank recapitalisation plan that the government plans to spend by the end of March 2018.
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Government Seeks Parliament Nod For Rs 80,000 Crore Bank Recapitalisation Plan
Finance ministry presents the planned expenditure for state bank recapitalisation in the fiscal year ending in March in the Lok Sabha.
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Restructure State Banks, Improve Corporate Governance, Says IMF To Centre
IMF welcomes government's plan to inject about $32 billion in state-run lenders but calls for reforms.
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Most State Banks Failed To Qualify For Capital Push, Says Centre
The finance ministry today said it has not provided the entire amount towards capital infusion in public sector banks as most of them failed to meet the performance target.
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'Capital Infusion In Banks To Depend Upon Their Performance'
The banks which have performed relatively better and need capital the most will be considered for fund infusion, sources said.
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Likely Role Of Gujarat In Prompting PM Modi's $32 Billion Bank Injection
For three years, Prime Minister Narendra Modi had avoided the one step that everybody from central bank officials to credit rating agencies had implored him to take to fix the country's banking woes - a massive injection of cash.
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Funds For Bank Recapitalisation, Infrastructure 'Historic'; Will Boost Economy, Create Jobs: Amit Shah
Hailing the Centre's announcement of Rs 2.11 lakh crore for bank recapitalisation as "historic", BJP chief Amit Shah has said the move will not just give an impetus to businesses, but also provide employment to the youth.
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Sensex Surges 500 Points To New High On 9 Lakh Crore Booster For Economy
The Sensex surged over 500 points to hit new high of 33,117 while Nifty surged to record 10,340 at day's high.
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Public Sector Banks To Get Rs 2.11 Lakh Crore, A 'Bold' Step, Says Arun Jaitley
Finance Minister Arun Jaitley said that the lending spree of public sector banks during 2008-14 had resulted in the bulk of the bad loans in the banking system.
-
Public Sector Banks Recapitalisation Should Be Part Of Broader Package Of Financial Reforms, Says IMF
The asset quality review, initiated by the Reserve Bank of India (RBI) in December 2015, prompted banks to take steps to recognise all nonperforming assets and ensure appropriately provisioned balance sheets by March 2017.
-
Government Unveils Details Of Rs 88,000 Crore Bank Recapitalisation Plan: 10 Points
IDBI Bank, the lender with the highest stressed-loan ratio, will get the biggest chunk of Rs 10,610 crore out of Rs 88,139 crore that the government is infusing in state banks.
-
Budget 2018: Fund Infusion To Level Core Capital Profile For PSU Banks, Says Report
Pace of fresh bad loan generation continues to moderate with an annualised rate of 3.9 per cent for the second quarter of FY18 as against an annualized 5 per cent for the first half and 5.5 per cent for FY17.
-
Lok Sabha Clears Rs 80,000 Crore Bank Recapitalisation Plan
The Lok Sabha on Thursday cleared the Rs 80,000 crore bank recapitalisation plan that the government plans to spend by the end of March 2018.
-
Government Seeks Parliament Nod For Rs 80,000 Crore Bank Recapitalisation Plan
Finance ministry presents the planned expenditure for state bank recapitalisation in the fiscal year ending in March in the Lok Sabha.
-
Restructure State Banks, Improve Corporate Governance, Says IMF To Centre
IMF welcomes government's plan to inject about $32 billion in state-run lenders but calls for reforms.
-
Most State Banks Failed To Qualify For Capital Push, Says Centre
The finance ministry today said it has not provided the entire amount towards capital infusion in public sector banks as most of them failed to meet the performance target.
-
'Capital Infusion In Banks To Depend Upon Their Performance'
The banks which have performed relatively better and need capital the most will be considered for fund infusion, sources said.
-
Likely Role Of Gujarat In Prompting PM Modi's $32 Billion Bank Injection
For three years, Prime Minister Narendra Modi had avoided the one step that everybody from central bank officials to credit rating agencies had implored him to take to fix the country's banking woes - a massive injection of cash.
-
Funds For Bank Recapitalisation, Infrastructure 'Historic'; Will Boost Economy, Create Jobs: Amit Shah
Hailing the Centre's announcement of Rs 2.11 lakh crore for bank recapitalisation as "historic", BJP chief Amit Shah has said the move will not just give an impetus to businesses, but also provide employment to the youth.
-
Sensex Surges 500 Points To New High On 9 Lakh Crore Booster For Economy
The Sensex surged over 500 points to hit new high of 33,117 while Nifty surged to record 10,340 at day's high.
-
Public Sector Banks To Get Rs 2.11 Lakh Crore, A 'Bold' Step, Says Arun Jaitley
Finance Minister Arun Jaitley said that the lending spree of public sector banks during 2008-14 had resulted in the bulk of the bad loans in the banking system.
