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RECAPITALISATION BONDS
Finmin looks at BIC model after RBI raises concern over zero coupon bonds for PSBs recapThe report recommended transferring shares of the government in the banks to the BIC which would become the parent holding company of all t...
RBI raises concern over zero-coupon bond for PSU bank recapitalisationThe government resorted to recapitalisation bonds with a coupon rate for capital infusion into state-run banks during 2017-18 and interest ...
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.
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.
Rs 80,000 crore recap bonds won't impact fiscal deficit: FinMinThe govt has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.
Larger PSU banks to get bigger pie of recap bonds: FitchLok Sabha gave its approval for Rs 80,000 crore recapitalisation bonds for strengthening PSBs.
Govt gets Lok Sabha approval for Rs 80,000 crore PSBs recapitalisation; FM Jaitley promises more reformsNon-performing assets (NPAs) of state-run banks spiked to Rs 6.9 lakh crore at the end of September 2017 from Rs 2.67 lakh crore at the end...
Capital infusion for state-run banks likely to begin by FebruaryThe government is likely to raise around Rs 70,000 crore by February 2018 as part of the total Rs 1.35 lakh crore to be met through recapit...
Government may directly fund Rs 1.35-lakh crore bank recapitalisationThe government is expected to seek approval on the funding mechanism from Parliament in the upcoming winter session, a senior finance minis...
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...
19 countries have issued recapitalisation bondsBanks Board Bureau chief says M&As should wait till FY19, points to signs of growth revival
Govt may create holding firm for banks to issue recapitalisation bondsSources say this holding co structure is the most preferred option as of now.
'Bank recap may make fiscal deficit target hard to achieve'Of the total Rs 2.11L-cr, Rs 1.35L-cr would be in the form of recapitalisation bonds, while the rest would involve a combination of budgeta...
CEA pegs interest cost of recapitalisation bonds at Rs 9,000 croreYesterday, Finance Minister Arun Jaitley unveiled an unprecedented Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector ba...
Healthy banks aid investment and job creation: RBI GovernorThe mega plan has triggered a surge in state-owned bank shares.
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
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