Bank Recapitalisation
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All Stories for Bank Recapitalisation
Banks to face capital shortfall of Rs 3.5 lakh cr in event of systemic crisis in NBFC sector: Fitch Ratings
•Banks would face a capital shortfall of about $50 billion (about Rs 3.5 lakh crore) in the event of a systemic crisis in the non-banking financial company (NBFC) sector, according to a study by global rating agency Fitch
Nirmala Sitharaman's booster dose for economy will likely go down well with markets, improve confidence
Madan •Govt likely to use Rs 3 lakh cr excess capital of RBI to pay regular expenses: Nomura report
•The Bimal Jalan committee report, which is delayed, will lead to the transfer of under Rs 3 lakh crore of excess capital from the Reserve Bank to the government, which will most likely use the money for meeting regular expenses, says a report
Union Budget 2019: Nirmala Sitharaman presents ‘no-change’ Budget; one mustn't read too much into numbers
Madan •The Budget speech had spoken of what all has been given in the interim Budget and not made any concession here. Therefore, there is nothing specific for households here.
Public sector banks would need additional Rs 50,000 cr recapitalisation in 2019-20, says report
•As of December 2018, a total amount of Rs 51,513 crore has been infused into public sector banks
Govt seeks Parliament's nod for additional gross expenditure of Rs 85,949 cr, includes about half for PSBs recapitalisation
•The government on Thursday sought Parliament's approval for additional gross expenditure of Rs 85,948.86 crore, about half of which is for capital infusion in public sector banks through recapitalisation bonds, during the current fiscal ending March 2019.
Govt decision to infuse Rs 41,000 crore capital into state-run banks will help them lower NPAs: Report
•With this round, the overall capital infusion into state-run banks during FY15-FY19 stands at Rs 2.56 trillion.
First half of 2019 likely to be volatile, but stronger macros signal positive equity market move
Abhijit Bhave •The rural consumption thesis holds strong for the economy with over 50 percent contribution to India’s GDP and around 50 percent contribution towards consumption.
Govt to infuse Rs 83,000 cr in public sector banks in next few months: Arun Jaitley
•The recapitalisation will enhance the lending capacity of state-owned banks and help them come out of the RBI's Prompt Corrective Action (PCA) framework, Arun Jaitley said.
Sensex jumps over 300 points after appointment of Shaktikanta Das as new RBI governor; banking, auto, FMCG stocks in positive zone
•Sensex was trading higher by 324.94 points, or 0.92 percent, at 35,474.95. All the sectoral indices, led by banking, auto, and consumer durables stocks were trading in the positive zone.