Search For "bank recapitalisation"
Economic Survey insightful:FICCI
Updated : 4 years, 4 months ago IST
New Delhi [India], Jan.29 (ANI): India has seen major structural reforms in 2017-18 such as GST, Insolvency Code and bank recapitalisation according to the Economic Survey tabled in Parliament today, will boost the economy in the coming years.
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IDBI gains maximum capital infusion from Centre
Updated : 4 years, 5 months ago IST
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.
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Resilience of banking system being tested: Jaitley
Updated : 4 years, 5 months ago IST
New Delhi [India], Jan 6 (ANI): Union Finance Minister Arun Jaitley on Saturday stated that amid the rising challenges emerging before banks in the present day, the resilience of the banking system is undergoing a test.
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Govt tables demand for Rs 80K grant towards PSB recap
Updated : 4 years, 5 months ago IST
New Delhi [India], Jan 4 (ANI): The Centre on Thursday presented a demand for additional expenditure towards a previously announced bank recapitalisation plan for public sector banks, to the tune of Rs 80,000 crore.
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Bank recapitalisation plan a reform and recap package: RBI Guv
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): The Reserve Bank of India (RBI) Governor Dr Urjit Patel hailed the recently-announced bank recapitalisation plan as a "reform and recap package", adding that the move will give a much-needed impetus to credit growth in the economy.
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CII suggests measures to govt to strengthen banking sector
Updated : 4 years, 6 months ago IST
New Delhi [India], December 6 (ANI): Hailing the government's powerful package of Rs 2.1 lakh crore for bank recapitalisation, Shobhna Kamineni, President Confederation of Indian Industry (CII) has urged the government to take further reforms to strengthen the banking sector.
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FICCI recommends tax rate cuts for individuals, businesses to spur demand
Updated : 4 years, 6 months ago IST
New Delhi [India], Dec 6 (ANI): Flagging off pre-budget expectations in lieu of the Union Budget 2018-19, the Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday stressed on the need for tax rate cuts across the board for individuals and businesses to spur domestic in
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S&P retains BBB- rating on India; keeps outlook stable
Updated : 4 years, 7 months ago IST
New Delhi [India], Nov 24 (ANI): Financial services company Standard & Poor's (S&P) on Friday retained its outlook on India as stable, and kept the rating unchanged at BBB-.
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Design of recapitalisation process critical: Former RBI Governor
Updated : 4 years, 7 months ago IST
New Delhi [India], Nov. 4 (ANI): In the wake of the Rs 2.11 lakh crore-worth public sector bank recapitalisation plan that was announced recently by Union Finance Minister Arun Jaitley, former Reserve Bank of India (RBI) Governor Dr. Y.V. Reddy dubbed the design of the plan to be "critical".
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Market mop up may exceed Rs 58,000 cr: ASSOCHAM
Updated : 4 years, 8 months ago IST
New Delhi [India], October 29 (ANI): In the wake of the recent government announcement on capital infusion for public sector banks (PSBs), dilution of government equity up to 52 per cent in the state-owned lenders can fetch valuation much higher than the estimated potential of Rs 58,000 cror
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Bank recapitalisation significant to address growth capital requirements:
Updated : 4 years, 8 months ago IST
New Delhi [India], Oct. 25 (ANI): Credit-rating body ICRA while welcoming the public sector unit (PSU) banks recapitalisation program that was announced on Tuesday said it would be "significantly positive" for banks to address their provisioning as well as growth capital requirements.
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