Govt gave Rs 8,800 cr capital to SBI without the lender asking for it in FY18: CAG reportThe department under the finance ministry did not conduct assessment of the capital requirement as per its own standard practice before rec...
27 Mar, 2023, 10.32 PM IST
Govt recapitalised PSBs with Rs 3.10 lakh crore capital infusion over last five years: Minister"Government has infused Rs 3,10,997 crore to recapitalise banks during the last five financial years i.e., from 2016-17 to 2020-21, out of ...
07 Feb, 2022, 10.14 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
CCEA approves recapitalisation of RRBsInformation and Broadcasting Minister Prakash Javdekar said that the recapitalization of RRBs will improve their Capital to Risk Weighted A...
26 Mar, 2020, 12.22 AM 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
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
Bank recapitalisation: Is it time to invest in banking sector mutual funds?The government of India approved Rs 2.11-lakh-crore recapitalisation plan for the PSBs. This is supposed to be a positive move for the bank...
25 Oct, 2017, 04.30 PM IST
Government open to providing more funds for banks' recapitalisation: Arun JaitleyThe govt has allocated Rs.10,000 crore for recapitalisation of non-performing asset laden public sector banks for 2017-18. It had given Rs....
09 May, 2017, 01.30 AM IST
PSU bank recapitalisation in 3 to 6 months: FM Arun JaitleyArun Jaitley has earmarked Rs 7,940 crore in the Budget for recapitalisation of PSU banks during the current fiscal.
22 Jun, 2015, 05.53 PM IST
Budget 2015 needs to come up with a major recapitalisation programme for PSU banks: Hemindra Hazari, Market Expert"In my view, if the government has to do a very major recapitalisation of its banks, it should go about it the way China did it for its ban...
23 Feb, 2015, 05.28 PM IST
- Bank of Maharashtra to be recapitalised this fiscal: Chairman
Bank of Maharashtra (BoM) today said it expects a capital infusion by the government this fiscal as it has received a letter from the Finan...
03 Jan, 2012, 10.14 PM IST
- No need to fast-track recapitalisation of SBI: Finance Ministry official
"There is no need to panic. We are working on it (recapitalisation). The process will not be fast-tracked because of Moody's downgrade," of...
09 Oct, 2011, 12.48 PM IST
- Rs 5,691-cr infused as part of banks recapitalisation prog: RBI
The government has infused Rs 5,691 crore as a part of its recapitalisation programme of banks to maintain their Tier I capital adequacy ra...
08 Nov, 2010, 10.20 PM IST
- Recapitalisation of RRBs to pinch states the most
The Rs 1,857-crore recapitalisation scheme for regional rural banks (RRBs) is slated to put the maximum burden on Bihar, Orissa and West Be...
22 Nov, 2007, 05.26 AM IST