PSB NPAs likely to rise 2-4% points; may push govt to recapitalise via RBI reserves, bonds: ReportThe recap bonds is a tried and tested instrument which has helped the banks in the past.
05 May, 2020, 02.15 PM IST
Budget 2019: How Jaitley dealt with the banking sector in his 5 years as FMJaitley recognised the importance of the sector's health to the overall health of the economy.
03 Jul, 2019, 01.31 PM IST
FM may not wait for Jalan report, set aside Rs 40K cr for PSU banks in BudgetCare Ratings said the capital infusion could be done through issuance of recapitalisation bonds.
26 Jun, 2019, 01.04 PM IST
PSU banks seek Rs 50,000 crore capital infusion in FY20“PSU banks say that fund infusion is needed for credit growth,” the report said.
16 May, 2019, 12.49 PM IST
Will continue sharing dividend with government in mechanical way: RBIThere were media reports that the RBI may give additional dividend to the government in the current fiscal.
07 Feb, 2018, 06.36 PM IST
$30 billion hit looms for Indian banks on new accounting ruleIndAS -- based on the IFRS9 standards created in the aftermath of the financial crisis -- would require banks to make provisions for expect...
06 Feb, 2018, 06.59 PM IST
Banks under PCA framework drop despite recap package; here's whyMarket watchers said the recap plan would lead to steep book value dilution risks.
25 Jan, 2018, 04.18 PM IST
Sensex, Nifty open flat; banking stocks rally up to 10% on recap packageDomestic investors chose to lighten exposure ahead of long weekend and Budget next week.
25 Jan, 2018, 09.49 AM IST
Bank Recap to further propel credit growth, sustain momentum: Financial services secretary Rajiv KumarIn its last monetary policy, the Reserve Bank of India had also observed that recapitalisation of public sector banks may propel credit gro...
06 Jan, 2018, 06.30 PM IST
'Governance reform' must to receive government capital, says RBI Governor Urjit PatelPatel’s message comes at a time when PSBs are struggling to recover dues from defaulters and their stressed loans have surged to a record h...
06 Dec, 2017, 08.46 PM IST
Fitch may up upgrade banking sector if govt's recap plan is well executedSooner the government infuses capital, it will be significantly credit positive.
30 Nov, 2017, 06.55 PM IST
Government to revamp HR practices at public sector banksChanges like lateral entry from the private sector, establishment of a remuneration panel are likely to be announced by the Centre.
28 Nov, 2017, 08.42 AM IST
NBFCs borrowing from bond street to feel heatThe rates for those bank dependent ones, like L&T Finance, would ease helping their profitability.
04 Nov, 2017, 03.50 PM IST
Business environment in India still relatively difficult compared with peers: Thomas Rookmaaker, Fitch RatingsIndia’s fiscal position is yes slightly weaker relative to India’s rating profile of BBB
01 Nov, 2017, 03.42 PM IST
Bank recapitalisation plan to push GDP growth to 7% in FY19: ReportThe government recently unveiled a Rs 2.1 lakh crore, (representing 1.2 per cent of GDP), recapitalisation package for public sector lender...
29 Oct, 2017, 04.40 PM IST
Time for state-run banks to be responsive & responsible: Rajiv kumar, Secretary, Financial ServicesIn recapitalisation plan for PSBs, the government has adequately provided for expected losses on past loans, says Rajiv kumar, Secretary, F...
27 Oct, 2017, 12.38 AM IST
Bank recap boosts Sensex, Nifty to lifetime highsThe 30-share index ended up 1.3% at 33042.5, its biggest singleday gain since May 25, after hitting a record high of 33117.33 intraday.
26 Oct, 2017, 12.06 AM IST