Psb Bank Recapitalisation

P&SB recapitalisation: Centre issues Rs 5,500 cr worth of zero-coupon bonds

P&SB to park investment in HTM category; raises concern

BofA Securities pegs PSBs recap requirement at Rs 52,990 cr - Rs 113,550 cr

BofA Securities believes one way to fund the requirement is via recapitalisation bonds.

PSBs on merger track may get recapitalisation allocation in Budget 2020

The upcoming Union Budget may provide for another round of recapitalisation

Letter to BS: Revamping governance in PSBs not as simple as it looks

The position they find themselves in is a result of politically induced, management neglected, reckless lending in the last few years

PSU banks gain on government Rs 70,000 crore capital infusion plans

Shares of State Bank of India (SBI) hit a new high of Rs 373, up 2 per cent on the NSE in the intra-day trade.

Despite capital infusion, full turnaround two years away for PSBs: Moody's

Government had announced Rs 48,239 crore capital infusion into 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans

Weak banks to get lion's share of Rs 881-bn recapitalisation bonds

Govt sets strict terms for banks; to bring out report card on compliance

Credit growth took off after move to recapitalise public sector banks: Govt

The Centre's move to recapitalise public sector banks (PSBs) has resulted in a surge in credit growth, a sign of revival of private sector investment in the country, a top finance ministry official said today. Financial services secretary Rajiv Kumar said the banking sector posted a double digit growth on year-on-year basis in December 2017. "Surge in credit growth: Sustained momentum post PSB recap decision - Banking sector posts double digit (10.7% Y- o-Y) growth in Dec'17, up from (7.2% Y-o-Y) in Oct'17, powered by #services & #retail," Kumar tweeted. Earlier this week, Parliament gave its approval for issuance of Rs 80,000 crore (rpt) crore recapitalisation bonds to PSBs to improve their balance sheets so that their lending capacity is enhanced. Besides, the finance ministry approved proposal for infusion of Rs 7,577 crore in six weak public sector banks as part of the recapitalisation plan to bolster capital adequacy ratio. All these banks, which got capital ...

Double-digit credit growth post bank recapitalisation, claims govt

The Centre's move to recapitalise public sector banks (PSBs) has resulted in a surge in credit growth, a sign of revival of private sector investment in the country, a top finance ministry official said today. Financial services secretary Rajiv Kumar said the banking sector posted a double digit growth on year-on-year basis in December 2017. "Surge in credit growth: Sustained momentum post PSB recap decision - Banking sector posts double digit (10.7% Y- o-Y) growth in Dec'17, up from (7.2% Y-o-Y) in Oct'17, powered by #services & #retail," Kumar tweeted. Earlier this week, Parliament gave its approval for issuance of Rs 80,000 recapitalisation bonds to PSBs to improve their balance sheets so that their lending capacity is enhanced. Besides, the finance ministry approved proposal for infusion of Rs 7,577 crore in six weak public sector banks as part of the recapitalisation plan to bolster capital adequacy ratio. All these banks, which got capital support, are under .

Fund infusion to level capital profiles of public, private banks: Report

The report also predicts that bad loan issues that the banks face today may peak by this fiscal year

Govt should dilute stake in PSBs to 33% in next 3 yrs: CII

Currently, PSBs are majorly owned by the government with a minimum stake of 58 per cent which has now been relaxed to 52 per cent