Recent Highlights
All Stories for Recapitalisation
Can’t expect anything radical this time from Modi 2.0, govt's entire focus will be on matching all numbers
Madan • 6 years agoThe prime minister has already increased the cash transfer scheme allocation to Rs 87,000 cr as it will include more farmers now.
Govt announces Rs 48,239 cr recapitalisation plan for 12 public sector banks
• 6 years agoThe finance ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans
RBI board meeting concludes on positive note: Mature solution is good news for financial markets
Madan • 6 years agoThe RBI board meeting which went on for a dramatic nine-hour session has reached a mature solution which is acceptable to all concerned parties
Banking sector outlook to stay negative till capital positions improve: Fitch Ratings
• 7 years agoFitch Ratings believes the country's banks will need $40-55 billion in additional capital to meet the Basel-III requirements by 2019
Finance ministry to provide capital to more banks by September, says government official
• 7 years agoThe infusion would be part of the remaining Rs 65,000 crore out of Rs 2.11 lakh crore capital infusion over two financial years.
Finance ministry likely to infuse about Rs 10,000 crore in public sector banks to help them meet regulatory requirement
• 7 years agoCapital is very much required for public sector banks (PSBs) as they are saddled with non-performing assets (NPAs) or bad loans of about Rs 10 lakh crore.
PSU bank stocks in limelight; surge up to 11% amid Rs 10,000 crore capital infusion reports
• 7 years agoShares of Corporation Bank zoomed 10.88%, Allahabad Bank 7.23%, Punjab National Bank 6.57%, Bank of Baroda 6.38%, Bank of India 5.87%, Canara Bank 5.71% and Indian Bank 5.04% on BSE
Need to rethink over PSBs ownership if to ward frauds off in future: CEA Arvind Subramanian
• 7 years agoPitching for radical reforms in the banking sector, Chief Economic Adviser (CEA) Arvind Subramanian on Thursday said that time has come for rethinking on the ownership of public sector banks (PSBs) in India
Arun Jaitley says govt shares good relationship with RBI, pitches for merger or amalgamation of struggling banks
Fp Staff • 7 years agoReiterating that the Union government has a good functional relationship with the Reserve Bank of India, Finance Minister Arun Jaitley, in an exclusive interview to CNN-News18, said that the formation of the Monetary Policy Committee in 2016 led to a great co-ordination over the issue of inflation control.
Budget dialogues: Recapitalisation of state-run lenders alone will not cure ills of banking sector, say panelists
Fp Staff • 7 years agoPanelists say banking sector requires overhauling of current structure of the entire system dominated by state-run lenders