Banks must turn to markets for money, says Nirmala SitharamanGiving the lenders the option to decide which place requires banking presence through a brick-and-mortar model and where a step-down presen...
26 Sep, 2021, 02.11 PM IST
Budget 2020: Govt may infuse fresh capital into regional rural banksThe size of the capital infusion could be in the range of Rs 10,000-15,000 crore, which would be spread over a span of five years. Capital ...
28 Jan, 2020, 11.04 PM IST
Government may keep FY19 bank recapitalisation target at Rs 65,000 crore: ICRAThe report said the net profits of private sector banks can grow at 20-25 per cent during FY19 resulting in return on equity (ROEs) of 10.5...
12 Dec, 2018, 08.46 PM IST
Union opposes government demand to get additional surplus from RBI"Only this year, RBI has contributed about Rs 13,000 crore to its contingency fund which government is attempting to take away," the union ...
16 Nov, 2017, 10.04 PM IST
Road map to save India's cash-strapped banks near completionBanks are flush with funds after Indians returned 99% of currency made invalidated last year.
31 Oct, 2017, 03.42 PM IST
India's ailing banks need more than a bailoutThe finer print of this recap is disquieting. The implications for both banks and macroeconomic stability aren't quite as positive as they ...
26 Oct, 2017, 11.00 AM IST
RBI's excess capital should fund PSU banks, ARC: SurveyObserving that there is no particular reason why this extra capital should be kept with the RBI, it said it is one of the most highly capit...
31 Jan, 2017, 08.24 PM IST
- Overweight Jain Irrigation Systems, target Rs 92: Morgan Stanley
High leverage has been a key concern for the company, but the balance sheet is recapitalized now with lower interest cost.
23 Jun, 2016, 01.00 PM IST
RBI to transfer 25% more surplus this year to help government fight fiscal deficitReserve Bank of India of India has decided to transfer a surplus of Rs 65,896 crore this year, which is 25% higher than previous year.
13 Aug, 2015, 08.33 PM IST
Finance Ministry plans to cut government stake in PSU banks to 58%FinMin is drawing up recapitalization plans with govt equity in PSBs set at 58%, even as draft report of Nayak panel recommended cutting Ce...
03 Jun, 2014, 01.01 PM IST
- E firms cash in on easy loans, raise risk for creditors: Moody's
Easy access to cheap money is helping pvt equity firms capitalize on their investments even in speculative-grade cos but investors in such ...
28 Nov, 2012, 12.49 AM IST
FDI or not, will recapitalize Kingfisher Airlines: Vijay MallyaWhile the issue of allowing foreign airlines to invest in desi ones is yet to be decided, Mallya told that he would “recapitalize the airli...
08 Aug, 2012, 06.32 AM IST
- Mario Draghi, Mario Monti demand bolder steps to end EU crisis
German Chancellor Angela Merkel was besieged by critics for letting the euro crisis smolder, with the leaders of Italy and the European Cen...
01 Jun, 2012, 01.14 AM IST
- Europe Banks vow $1 trillion cuts as recapitalisation looms
European banks, assuring investors they can weather the sovereign debt crisis by selling assets and reducing lending, may not be able to ra...
20 Oct, 2011, 05.01 AM IST
- AIG to issue warrants as part of gov't exit plan
The warrants are expected to be distributed on Jan 19 to shareholders of record Jan. 13. The Treasury Department will not receive any of th...
07 Jan, 2011, 07.28 PM IST
- Bank of England says banks may need more money
Bank of England Governor Mervyn King told British lawmakers on Tuesday that banks could require more capital injections before they are abl...
25 Nov, 2008, 11.45 PM IST
- US pumps in $33.5 billion into 21 more banks
US government previously had infused $125 bn into nine major commercial banks as part of a $700 bn rescue plan approved by Congress. How th...
18 Nov, 2008, 03.07 AM IST