CAG flags concerns over treatment of bank recap expenditureAudit noticed that in the expenditure budget the above mentioned expenditure on recapitalisation of the PSBs, had been netted against recei...
29 Nov, 2021, 09.44 PM IST
FM allocates Rs 20,000 crore for bank recapitalisation, proposes AMC-ARC for NPAsThe FM also announced an ARC-AMC mechanism (Bad bank) to tackle the bad loans among banks. A bad bank takes over the bad debts of banks, th...
01 Feb, 2021, 12.15 PM IST
Govt shells out Rs 22,087 crore as interest towards recap bonds for banksTo ease fiscal pressure, the government in October 2017 devised an innovative way called recapitalisation bonds.
27 Dec, 2020, 11.01 AM IST
Government infuses Rs 2159 cr in United Bank of IndiaThe Finance Ministry had informed the bank about the capital infusion on Wednesday (December 26), United Bank of India said in a regulatory...
27 Dec, 2018, 10.13 PM IST
Govt seeks to fast-forward PSU bank recap; can lift 5 lenders out of PCAThe recapitalisation of state-owned banks will help them meet their provisioning needs.
20 Dec, 2018, 07.41 PM IST
Cabinet likely to consider capital infusion in RRBs tomorrowThe recapitalisation process started in 2010-11. The share of central government in respect of some RRBs could not be released in the absen...
03 Jul, 2018, 07.25 PM IST
PSU bank stocks jump as Lok Sabha okays Rs 80,000 crore recap planThe infusion is aimed at propelling credit growth and only performing lenders will get a bulk of this proposed amount.
05 Jan, 2018, 10.33 AM IST
Dividend-paying banks most likely to receive recap fundsAccording to the CEO of a PSB, the government has already sounded out some lenders that the ability to pay dividend will be a criteria in a...
04 Nov, 2017, 10.57 AM IST
SBI expects substantial portion of government recapitalisationThe internal accruals through generation of profits would also help in building up the capital base of the base of the bank, which was now ...
03 Nov, 2017, 05.01 PM IST
Recap will need follow up with structural changes at PSBs: UBSAccording to the global financial services major, though the recapitalisation amount may create a supportive environment for growth, it may...
26 Oct, 2017, 01.38 PM IST
RBI Guv Urjit Patel all praise for Modi's 'monumental' step to boost bankingBrokerages believe the move is a long-drawn process and will lead to re-rating of sector.
25 Oct, 2017, 12.11 PM IST
There is no free lunch: Raghuram Rajan on special dividend to govtThe suggestion of use of dividend of the RBI for recapitalisation of PSU banks was made by Chief Economic Adviser Arvind Subramanian.
04 Sep, 2016, 01.43 AM IST
Government seeks Parliament's nod for additional Rs 40,822 crore spendingHowever, the net cash outgo will aggregate to only Rs 25,495.24 crore, while the rest would be matched by savings and enhanced recoveries.
31 Jul, 2015, 05.23 PM IST
Modi government sanctions Rs 700 crore additional fund for capitalisation of regional rural banksThe government today sanctioned an additional Rs 700 crore for the recapitalisation of weak regional rural banks (RRBs).
16 Jul, 2015, 03.26 PM IST
Bank recapitalisation, government spending can help growth: Deutsche BankMore than monetary policy easing, govt spending and bank recapitalisation are needed to help sustain the revival in growth which is current...
10 Jul, 2015, 09.14 PM IST
- World Bank preconditions may delay $3.2-bn loan to banks
World Bank preconditions may delay a $3.2-billion loan for recapitalisation of more than a dozen government-owned banks by six to seven mon...
18 Jun, 2009, 01.07 AM IST
- RRB recapitailisation requires Rs 1,800 cr: RBI
The Reserve Bank of India on Wednesday said about Rs 1,800 crore would be required to strengthen the balance sheet of Regional Rural Banks ...
12 Sep, 2007, 04.30 PM IST