Public Sector Bank Recapitalisation

Public Sector Bank Recapitalisation News

Rs 2.11 lakh cr bank recapitalisation: Business stresses in Gujarat spurred Narendra Modi's huge funding plan
Business

Rs 2.11 lakh cr bank recapitalisation: Business stresses in Gujarat spurred Narendra Modi's huge funding plan

The reason why Narendra Modi pushed for a huge bank recapitalisation now was the growing evidence of stress among small and medium sized businesses in Gujarat, his core constituency

State of the economy: Is Rs 2.1 lakh cr funding plan last big opportunity to save banks?
Business

State of the economy: Is Rs 2.1 lakh cr funding plan last big opportunity to save banks?

It is important that the government keeps an arm’s length with state-run banks to give them a free hand in business operations, said former SBI official Jayanta K Sinha

Rs 2.11 lakh cr bank recapitalisation: Public sector lenders' shares rally up to 49%
Business

Rs 2.11 lakh cr bank recapitalisation: Public sector lenders' shares rally up to 49%

Kotak Institutional Equities said it is surprised with the quantum of capital infusion as it probably meets even the most conservative assumptions of the street

Rs 2.11 lakh cr bank recapitalisation: Are taxpayers going to bail out lenders looted by crony promoters?
Business

Rs 2.11 lakh cr bank recapitalisation: Are taxpayers going to bail out lenders looted by crony promoters?

If the recovery from defaulters is not followed up simultaneously, in effect, the taxpayer’s money is being used to compensate banks

Arun Jaitley's Rs 9 lakh cr booster dose: Much needed to revive economy but watch out for actions on ground
Business

Arun Jaitley's Rs 9 lakh cr booster dose: Much needed to revive economy but watch out for actions on ground

A big private consumption push could well come from the infrastructure push, which will boost demand not just in sectors like steel, cement and other industries involved in roads construction but also consumer goods

Economic slowdown: Govt plans Rs 2.11 lakh cr bank recapitalisation, Rs 6.92 lakh cr infra push
Business

Economic slowdown: Govt plans Rs 2.11 lakh cr bank recapitalisation, Rs 6.92 lakh cr infra push

The 2.11 lakh crore plan is aimed at boosting the confidence of the NPA-ridden banking sector and infrastructure push is expected to create more jobs