Latest News on Bank Recapitalisation
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Bank Recapitalisation - Total results - 84
Sep 17, 2018
Arun Jaitley announces merger of Dena, Vijaya and Bank of Baroda; new entity to be country's third largest lenderMaking announcement, Rajiv Kumar, Financial Services Secretary said: We have decided to merge Dena Bank, Vijaya Bank and Bank of Baroda. The merger of the three banks will make this the third largest bank of the country
Aug 21, 2018
Government aid will give capital relief to public sector banks, but stress will remain: Moody'sMoody's Investors Service on Tuesday said the government's plan to provide more capital support to public sector banks in current fiscal will restore capital adequacy and improve loan-loss coverage at many loss-making banks, but stress will persist
Aug 15, 2018
Banks' bad loans mound declines for the first time in five quarters; the NPA mess explained in 7 chartsseven charts throw more light on the bad loans crisis that has engulfed the nation's banking sector.
Jun 30, 2018
LIC gets IRDAI nod for IDBI Bank buy: NPA-ridden lender gets a policy cover and the insurer, a risky betLIC is using the insurance premium it collected from customers to bailout IDBI Bank, and should the experiment go wrong, it will have to answer the customer first.
Jun 27, 2018
Bank NPAs to touch 12.2% by March 2019: Why RBI’s latest Financial Stability Report is a must-read for LICRBI’s NPA forecast should act as a warning signal for LIC which is looking at a controlling stake in IDBI bank
Jun 05, 2018
Banks' bad loans pile crosses Rs 10 lakh cr, up Rs 1.39 lakh cr in March quarter; the NPA mess explained in 7 chartsseven charts throw more light on the bad loans crisis that has engulfed the nation's banking sector.
May 29, 2018
Narendra Modi’s unfulfilled promises: Govt must give up control of PSBs; regime has no business to be in businessIn its fifth year, the Modi government should walk the talk on privatisation of state-run banks.
Apr 02, 2018
Private banks' share in overall loan pie rising; will banking crisis render most PSBs dodos?The banking sector in India is getting 'privatised' on its own, even though the government continues to own 21 public sector banks.
Mar 20, 2018
PNB fraud spur Goldman Sachs to downgrade India's economic growth forecasts to 7.6% in FY19In a note to clients, Goldman Sachs lowered its real gross domestic product (GDP) forecast on India for the year to March 2019 to 7.6 percent from 8 percent earlier
Mar 06, 2018
Finance ministry to showcase GST, banks recap, other big reforms before Fitch for sovereign rating upgradeThe government will tomorrow pitch for a sovereign rating upgrade with global agency Fitch, highlighting reform push in taxation and PSU banks and its plans to gradually lower government debt