recapitalisation
Recap set to give banks capital relief, but stress to remain
Govt plans to provide Rs 65,000 cr of new capital for public sector banks in the year ending March 2019.
Govt aid will give capital relief to banks, but stress will remain: Moody's
The government plans to provide Rs 65,000 crore of new capital for public sector banks.
Fund infusion may not help much, say bankers
Centre infused Rs 1.29 lakh crore as capital into the banking system.
Rs 11,336 crore to be infused in 5 PSU banks
Out of Rs 1.35 lakh crore, the govt already infused about Rs 71,000 crore through recap bonds in banks.
Important for India to address banking crisis to support investment: IMF
Indian banks have made progress in addressing stock of NPAs and were taking further measures to deal with flow problem.
FinMin rejects PNB’s Rs 7,000 cr extra capital infusion demand
PNB had received Rs 5,473 crore recap funds last year during the first round of infusion.
PSBs need to pass reform test for recapitalisation
Till March 31, 2018, the finance ministry disbu¬r¬sed Rs 88,000 crore under the plan.
Banking sector could witness turnaround in FY20: S&P
Demonetisation and GST implementation hurdles and continuing global recovery provide the stimuli to the country's trade and GDP growth
PNB fraud: Goldman downgrades India's economic growth forecasts
Goldman Sachs lowered its real GDP forecast on India for year to March 2019 to 7.6 per cent from 8 per cent earlier.
Moody's upgrades outlook on IDBI Bank to positive on recap
Under the recapitalisation plan, the bank will get Rs 7,881 crore in new capital by March.