Govt may not continue with zero-coupon bond routeThe government is unlikely to take zero-coupon bond route to further recapitalise public sector banks after the Reserve Bank expressed some...
29 Mar, 2021, 09.52 AM IST
Govt unlikely to continue with zero-coupon bond route to recap PSU banksThe government is unlikely to take zero-coupon bond route to further recapitalise public sector banks after the Reserve Bank expressed some...
28 Mar, 2021, 12.29 PM IST
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...
16 Jan, 2021, 07.04 PM IST
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 ...
10 Jan, 2021, 02.50 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
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
Limited investment opportunities among PSU bank stocksWhile leading private sector banks will continue to do well, few PSU banks show promise. Investors may opt for select lenders with low net ...
05 Feb, 2018, 12.31 PM IST
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.
24 Jan, 2018, 07.11 PM IST
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.
10 Jan, 2018, 02.42 PM IST
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...
16 Dec, 2017, 03.46 PM IST
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...
29 Nov, 2017, 11.27 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
'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...
26 Oct, 2017, 01.16 PM IST
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...
25 Oct, 2017, 02.09 PM IST
Healthy banks aid investment and job creation: RBI GovernorThe mega plan has triggered a surge in state-owned bank shares.
25 Oct, 2017, 01.17 PM IST
Capital infusion of PSBs to support credit growth,job creationThe capital infusion of PSBs entails mobilisation of capital, with maximum allocation in the current year, to the tune of about Rs 2,11,000...
25 Oct, 2017, 11.44 AM IST
Nature of bonds to decide impact on fiscal deficitThe details of the Rs 1.35 lakh crore bonds that will be issued to banks under the 2-year capitalisation programme will be announced later.
25 Oct, 2017, 01.10 AM IST