Recapitalisation | Zee News

Advertisement

NewsRecapitalisation

Recapitalisation News

29 Oct 2017

Q2 report card, PMI data to hold investor attention this week

Major companies reporting their earnings this week include Lupin, Tata Steel and Union Bank of India.

25 Oct 2017

India should have 5-7 large banks ideally: Arvind Subramanian

Quoting former RBI Governor Y V Reddy, Subramanian said the aim must be to shrink or narrow the scope of the unviable banks.

Recapitalisation

06 Jun 2016

PSB losses on higher provisioning, will provide more funds: Finance Minister

New Delhi: Committing to provide more funds for recapitalisation of state-owned banks, Finance Minister Arun Jaitley on Monday said that cumulative losses of Rs 18,000 crore suffered by them last fiscal were mainly on account of higher provisioning for bad loans.

public sector banks

31 Jul 2015

Capital infusion cannot be an endless ritual: House Panel

Pulling up public sector banks, the Standing Committee on Finance on Friday said they should generate funds internally for their recapitalisation instead of depending on budgetary support as it cannot be an "endless ritual".

02 Jul 2015

RBI, govt in discussions for recapitalisation of banks: RBI

The government and the central bank are in discussions over recapitalisation of state-owned banks, Reserve Bank Governor Raghuram Rajan said on Thursday.

26 Jun 2015

Govt to infuse additional Rs 11,500 crore in PSU banks in FY16

Government is likely to infuse additional USD 1.8 billion (about Rs 11,500 crore) in public sector banks this fiscal over and above USD 1.2 billion earmarked in the Budget, Finance Secretary Rajiv Mehrishi said Friday.

State-owned banks

23 Jun 2015

India to inject about $3 billion this fiscal year in state-owned banks: Report

The intended injection into state banks is significantly higher than the estimate of Rs 79.4 billion (USD 1.25 billion) given in the government`s budget for this fiscal year.

23 Jun 2015

Govt has not decided on recapitalisation figures for banks: FM Jaitley

Talking about the Asian Infrastructure Investment Bank, Jaitley said India will be the second largest shareholder in it after China.

09 Apr 2015

Bank in distress too will get capital support from govt: Rajan

Reserve Bank Governor Raghuram Rajan Thursday said that banks in distress will get capital support from the government if they make a clear case for recapitalisation.

04 Mar 2015

PSBs should look at alternatives beyond govt infusion: RBI

Welcoming the government's move to selectively allocate capital to lenders, Reserve Bank deputy governor R Gandhi on Tuesday said PSBs will have to look at alternatives beyond the Centre's support for raising money going forward.

09 Feb 2015

Gandhi hails new recapitalisation plan for PSBs

Reserve Bank Deputy Governor R Gandhi today welcomed the government's move to give priority for well-performing banks in capitalisation, saying it is the "right message" for improving efficiency of lenders, and flagged concerns over the rising NPAs in the system.

03 Aug 2014

Funds needed for SBI merger with subsidiaries: MD

SBI's merger with its subsidiaries would be good for the company but additional capital would be needed for it, a top official said on Saturday.

SBI Capital Markets

31 Jul 2014

SBI Capital to make report on PSU bank merger within a month

The Finance Ministry has appointed SBI Capital Markets to undertake a study on mergers as well as recapitalisation of state-owned banks and the report is likely to be finalised within a month.

Loading...

NEWS ON ONE CLICK