Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.
25 Jan 2018 1:14 PM
Arun Jaitley said steps need to be taken to ensure that the governance of banks follows the highest standards.
25 Jan 2018 2:51 AM
Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.
24 Jan 2018 5:35 PM
During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.
24 Jan 2018 5:02 PM
The Naupada police said the duo would were promising placements to job seekers in public sector banks.
19 Jan 2018 5:33 AM
Benchmark 10-year bond yield was at 7.54 per cent, up 10 basis points on the day.
16 Jan 2018 12:39 PM
SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.
10 Jan 2018 5:46 PM
NPAs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.
04 Jan 2018 3:19 PM
Govt in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks.
04 Jan 2018 2:23 PM
Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen PSBs.
03 Jan 2018 4:56 PM
Swapping and selling assets will help banks to focus on their core competencies and trim their burden.
01 Jan 2018 2:33 PM
Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.
28 Dec 2017 11:15 AM
The bill is currently undergoing scrutiny by a joint parliamentary committee.
22 Dec 2017 6:13 AM
Patel informed that the RBI is working closely with the government to finalise the extend of funding to be raised by banks.
07 Dec 2017 1:24 AM
Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.
30 Nov 2017 4:23 PM
The framework for bank recapitalisation once cleared will go to Parliament for necessary approvals.
29 Nov 2017 6:32 PM
ETF saw bids of nearly Rs 32,000 crore coming in, with FIIs bidding for one-third of the money.
20 Nov 2017 7:14 PM
This will help in better utilisation of the money that the government will provide to them under the bank recapitalisation plan.
15 Nov 2017 4:00 PM
In last three-and-half years govt has pumped in Rs 51,858 crore capital in the public sector banks.
05 Nov 2017 4:30 PM
In the last week of October, Jaitley had announced an unprecedented PSU banks recapitalisation program of Rs 2.11 lakh crore.
04 Nov 2017 3:17 PM