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News
recapitalisation of banks
Recapitalisation of banks News
RBI
19 Aug 2017
NPA resolution: RBI chief calls for recapitalisation of banks
Reserve Bank Governor Urjit Patel on Saturday called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at 9.6 percent of the system is not acceptable.
Vinod Rai
16 Feb 2017
Rs 10,000 crore sufficient in 2017-18 for bank recapitalisation: Vinod Rai
The central government has provided Rs 10,000 crore for recapitalisation of banks owned by it in the Union Budget 2017-18.
RBI
21 Nov 2016
Government using helicopters, Indian Air force to reduce cash transportation time from 21 days to 6 days
The time taken from printing currency notes to transporting it to distribution centers has come down from 21 days to just 6 days, and government is using all possible modes of transport including helicopters and Indian Air Force planes for moving cash quickly
PSU banks
11 Jul 2016
Government to begin fresh recapitalisation of ailing public sector banks
The Centre is likely to soon announce the first tranche of the Rs 25,000 crore capital infusion for public sector banks (PSBs), planned for this financial year (2016-17).
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