Sunday, Apr 11, 2021 | Last Update : 02:49 PM IST

public sector banks Page-9

SBI expects to pick up major portion of govt's bank recap plan

Last month, the government proposed a Rs 2.11 lakh crore public sector bank recapitalisation plan.

03 Nov 2017 5:12 PM

Centre sets up panel headed by Jaitley to oversee state banks' merger

India has 21 public sector banks, which account for more than two-thirds of the country’s banking assets.

01 Nov 2017 7:09 PM

GDP in FY19 to gain from PSU bank recapitalisation: report

As per Ambit estimates, industry is likely to see a 7 per cent growth in 2018-19 from 5 per cent in the current fiscal.

29 Oct 2017 5:27 PM

PSBs slide up to 8 per cent after investors take profit

Bank stocks were on fire surging up to 46 pc following the govt's announcement of Rs 2.11 lakh crore recapitalisation plan.

28 Oct 2017 12:18 PM

Centre mulls steps to infuse funds to banks

Considering zero coupon bonds as part of its promise to pump in fund.

28 Oct 2017 2:37 AM

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Govt infusing capital in banks only short term solution: AIBEA

Centre unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

27 Oct 2017 7:13 PM

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

Bank recapitalisation to improve credit, GDP growth: report

Govt's decision to infuse Rs 2.1 trillion of capital in PSBs could improve credit growth by up to 10 percentage point.

25 Oct 2017 6:19 PM

Interest burden of recap bonds to be about Rs 9,000 cr: CEA

The government's equity dilution will help banks raise about Rs 58,000 crore.

25 Oct 2017 4:19 PM

PSU bank recap positive for GDP growth, rupee: Goldman Sachs

The government on Tuesday unveiled a Rs 2.11 lakh crore two-year road map to strengthen NPA-hit public sector banks.

25 Oct 2017 3:24 PM

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Bank recapitalisation critical for economic recovery: BofAML

Govt unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

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

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

FinMin working on capital infusion plan for PSBs, may finalise by Dec

The Department of Financial Services is assessing the capital needs of various banks based demands made by them, sources said.

15 Oct 2017 3:47 PM

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NCLT route cannot be used effectively in all NPA cases: SBI MD

Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.

13 Oct 2017 4:30 PM

Banks need to set aside Rs 3.3 tn as NPA provisioning in FY18

Banks would need to step up on provisioning, mainly for large corporate NPAs.

12 Oct 2017 4:43 PM

NPA-laden PSU banks crimp advance tax mop-up at 10.6 per cent

The tax department has asked its officials to keep a close vigil on the forthcoming quarterly results by large corporates.

19 Sep 2017 6:33 PM

Banks face $65 bn capital shortage to meet Basel III norms: Fitch

Weak capital positions have a major negative influence on Indian banks' Viability Ratings.

12 Sep 2017 2:52 PM

Banks need $65 bn additional capital to meet Basel III norms: Fitch

Gross non-performing loan ratio reached 9.7 per cent in 2016-17, up from 7.8 per cent in 2015-16.

12 Sep 2017 2:51 PM

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