You Searched For "Banks recapitalisation" and got 20 results
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3 mins read
Public sector bank profits grew 3x in 9 years says Sitharaman
According to Finance Minister Nirmala Sitharaman, the profit of public sector banks (PSBs) in India…
PTI
5 mins read
Economic Survey 2020 has signs for what banks can expect from Nirmala Sitharaman's budget speech
Chief Economic Advisor KV Subramanian's latest survey has dedicated a lot of time and space to delv…
1 min read
Indian government to make loans easier and cheaper with a ₹70,000 crore gift to banks
The Indian government will release as much as ₹70,000 crore upfront to public sector banks to ea…
2 mins read
Indian banks will now have more cash to lend for more reasons than one
The Finance Minister today gave a shot in the arm for public sector banks. They will be given ₹70,0…
1 min read
CCEA approves recapitalisation of RRBs
Information and Broadcasting Minister Prakash Javdekar said that the recapitalization of RRBs will …
PTI
3 mins read
Indian markets cheer government’s cash support for its ailing banks
Rather than dipping into its own pockets, the government will raise funds for the initiativ…
3 mins read
India’s government is doubling the amount of funds it had planned to infuse into the country’s state-owned banks in the remainder of the year
The government had originally earmarked an infusion of ₹650 billion into state-owned banks this …
3 mins read
Markets reward PSBs, push up their market caps
Looking at the table in the article one can see that the benchmark indices saw a small decline i…
2 mins read
FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…
PTI
2 mins read
Govt may not announce capital infusion for PSU banks in Budget 2023-24
The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …
PTI
6 mins read
PSB stocks on 52-week high riding on record profits, double-digit loan growth
Union Bank of India stock price is up by 60.8 per cent over the last month among the PSU bank st…
1 min read
Government might use half of your increased salary to fund bank capitalisation
In order to recapitalise banks without putting extra pressure on the fiscal, the government might u…
1 min read
PSB NPAs likely to rise 2-4 pc points; may push govt to recapitalise via RBI reserves, bonds: Report
Asserting that such a move does not entail a moral hazard, it elaborated saying PSU banks can heal …
PTI
3 mins read
Public sector banks across India plan to strike on November 26 seeking higher savings interest rates and lower bank charges
Public sectors banks across India are planning to go on strike on November 26. While their protests…
2 mins read
'Coronavirus fallout will leave banks with capital shortages again' — Moody's warns
Consequently, the PSBs' already weak capital buffers will be depleted, said Moody's Investors Se…
5 mins read
What is a bad bank and why are some people pushing for it ahead of Budget 2021?
India’s government owned banks like State Bank of India, Punjab National Bank and Bank of Baroda ha…
5 mins read
Yes Bank crisis and its domino effect on bonds, mutual funds and other corporate defaults
The challenges in the face of the Yes Bank crisis are likely to be temporary, since they are a dire…
1 min read
State-owned bank NPAs may rise in FY21, govt's fiscal deficit to widen: Bank of America
Asserting that such a move does not entail a moral hazard, it elaborated saying that public sector…
PTI
2 mins read
Government banks are bailing out shadow banks with Rs 2.5 lakh crore
For this, the government will provide a one-time six months' partial credit guarantee to PSBs for f…
PTI
2 mins read
Banks need to raise capital on anticipatory basis: RBI Governor
The RBI has recently (June 19 and July 1, 2020) advised all banks, non-deposit taking NBFCs (with a…