Search For "recapitalisation"
Updated : 1 year ago IST
New Delhi [India], September 16 (ANI): In the last six financial years, after the Centre's four 'Rs' strategy (Recognition, Resolution, Recapitalisation and Reforms) was executed, banks have recovered Rs 5,01,479 crores, said Union Finance Minister Nirmala Sitharaman on Thursday.
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
Updated : 2 years, 3 months ago IST
New Delhi [India], June 2 (ANI): Industry leaders said on Tuesday that the banking and financial sectors need structural reforms to propel economic growth as the country aspires to become self-reliant in the face of coronavirus crisis and enters the 'Unlock Phase 1.'
Updated : 2 years, 6 months ago IST
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for continuing the process of recapitalization of Regional Rural Banks by providing minimum regulatory capital for those RRBs which are unable to maintain minimum Capital to Ri
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Rs 1,340 crore recapitalisation of regional rural banks to improve their capital to risk-weighted assets ratio.
Updated : 3 years ago IST
New Delhi [India], Sept 3 (ANI): The Central government on Tuesday approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender's capital base.
New Delhi,[India] Sep 3 (ANI) The Union Cabinet on Tuesday approved recapitalisation of IDBI Bank with a one-time infusion of Rs 9,300 crore.
Updated : 3 years, 1 month ago IST
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
Updated : 3 years, 7 months ago IST
New Delhi [India], Feb 20 (ANI): The government on Wednesday approved recapitalisation of 12 public sector banks with an infusion of Rs 48,239 crore.
Updated : 3 years, 8 months ago IST
New Delhi (India), Jan 16 (ANI): The Union Cabinet on Wednesday approved fresh capital infusion in the form of recapitalisation of bonds in the Export-Import Bank of India (Exim Bank) to the tune of Rs. 6,000 crore and the authorised share capital of Exim Bank has been increased from Rs 1
Updated : 4 years, 8 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.