Finance Ministry may provide capital support to some PSBs in third quarterThe fund infusion would be for meeting regulatory capital requirements if the need arises in October-December quarter. In 2019-20, the gove...
27 Sep, 2020, 02.07 PM IST
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
Finmin approves Rs 11,336 cr capital infusion in 5 PSU BanksPNB will get the highest amount of Rs 2,816 crore, while Allahabad Bank will get Rs 1,790 crore.
18 Jul, 2018, 09.05 AM IST
RBI Governor bears out what is behind PSU bank fraudsIn specific context of frauds that have surfaced recently, RBI has put the onus on the govt.
16 Mar, 2018, 07.23 PM IST
PSBs recapitalisation should be part of broader package of financial reforms: IMFIn the view of the International Monetary Fund , recent policy reforms to address vulnerabilities in the banking and corporate sectors in I...
11 Mar, 2018, 11.06 AM IST
Icra wants more clarity before downgrading public sector banksIcra in a presentation made to the media on Thursday said that outlook may be changed to stable for few PSBs.
08 Mar, 2018, 08.43 PM IST
Privatisation: A bad solution for India’s banking problemsThe current PSB recapitalisation plan announced by the government, amounting to Rs 2.11 lakh crore over two years, would account for less t...
16 Feb, 2018, 07.52 AM 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
Govt ties recapitalisation of Public Sector Banks to action on reforms agendaThe final reforms blueprint will have about 35 action points, including customer services, rationalisation of branches, common customer ser...
02 Jan, 2018, 06.11 AM IST
No easy capital for PSBs, stick to reforms: Banking Secretary Rajiv KumarLast month, the govt had unveiled a Rs 2.11-lakh crore 2-year road map to bolster NPA-hit public sector banks, which includes recapitalisat...
12 Nov, 2017, 06.30 PM 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
Banks can do write-offs, and still lend and grow: S Krishna Kumar, Sundaram Mutual FundGovt will infuse capital that shores up the bank's networth and the bank will invest that money into recapitalisation bonds
25 Oct, 2017, 09.46 AM IST
Banks can do write-offs, and still lend and grow: S Krishna Kumar, Sundaram Mutual FundGovt will infuse capital that shores up the bank's networth and the bank will invest that money into recapitalisation bonds
25 Oct, 2017, 09.46 AM IST
Budget 2016: A positive for both equity and bond markets, says Navneet Munot, SBI Mutual FundThe finance minister has done a fine balancing job by sticking to 3.5% fiscal deficit target without losing focus on growth and staying awa...
01 Mar, 2016, 04.34 AM IST
PSB stocks can see rerating on recapitalisation, treasury gainsThere has always been pressure on PSU banks to lend where they should not be lending, says Dipen Sheth.
19 May, 2015, 08.15 AM IST
- LIC to pick up to 5% stake in Punjab & Sind Bank
At the prevailing share price of PSB, LIC will have to pay about Rs 95 cr to the bank. Shares of the bank today closed at Rs 85.75 apiece, ...
16 Feb, 2012, 06.20 PM IST
- World Bank credit line may power PSB recapitalisation
Funds will help banks set aside 12% of capital as cushion against losses.
03 Dec, 2008, 12.00 AM IST