Tuesday, Feb 27, 2024 | Last Update : 03:49 AM IST

banks recapitalisation

Govt's Rs 2.11 lakh crore-recap plan to tackle NPAs: SBI

On Tuesday, Finance Minister Arun Jaitley unveiled the road map for strengthening of bad loans-hit public sector banks.

26 Oct 2017 7:39 PM

CEA bats for mergers in banking sector, says India should have 5-7 large banks

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

25 Oct 2017 5:05 PM

Banks' recap safeguards India's economic future: Patel

RBI governor adds later a comprehensive policy would be put in place to address challenges faced by banking sector.

25 Oct 2017 2:47 PM

India's PSU bank recap plan lifts shares, raises questions

Investors welcomed the news, sending shares of SBI up as much as 25 per cent to its highest since January 2015.

25 Oct 2017 1:34 PM

Banks' recap: PNB surges 32 per cent, Bank of India 24 and SBI 20 per cent

Also, Andhra Bank was quoting 14.96 per cent higher, Allahabad Bank 12.70 per cent and Syndicate Bank 12.11 per cent.

25 Oct 2017 12:09 PM


Capital infusion of PSBs to support credit growth, job creation

According to SBI report Ecowrap, this recapitalisaiton plan will help government to gear-up lending to MUDRA scheme.

25 Oct 2017 10:59 AM

Jaitley's 'major announcement' today could mean well for ailing PSU banks

Earlier the Cabinet had decided to set up an Alternative Mechanism to oversee proposals for expeditious consolidation of

24 Oct 2017 3:41 PM

Rs 10,000 crore was enough for banks' recap: Vinod Rai

Banks Board Bureau chief govt may also go for rights issue to inject more money into ailing banking sector.

16 Feb 2017 5:38 PM