public sector banks
Govt to infuse Rs 7,577 crore in 6 weak PSU banks
Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen PSBs.
Finance Ministry asks PSBs to consider selling, swapping loan assets
Swapping and selling assets will help banks to focus on their core competencies and trim their burden.
Govt to push ahead with banking reforms in New Year
Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.
No need to create fear over FRDI Bill, says Arun Jaitley
The bill is currently undergoing scrutiny by a joint parliamentary committee.
Reforms to tag along with recap, says RBI
Patel informed that the RBI is working closely with the government to finalise the extend of funding to be raised by banks.
Fitch may revise banks' rating if recapitalisation done early
Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.
FinMin working on recap bonds, expected to receive Jaitley's nod soon
The framework for bank recapitalisation once cleared will go to Parliament for necessary approvals.
Govt raises Rs 14,500 crore from Bharat-22 ETF
ETF saw bids of nearly Rs 32,000 crore coming in, with FIIs bidding for one-third of the money.
Finance ministry asks PSBs to submit fund-raising plan in a month
This will help in better utilisation of the money that the government will provide to them under the bank recapitalisation plan.
PSU Banks may get Rs 70,000 cr through recap bonds this fiscal
In last three-and-half years govt has pumped in Rs 51,858 crore capital in the public sector banks.