Psb Recapitalisation

PSU Bank index up 31% in 1 wk on strong SBI Q3 results, privatization hope

SBI, Indian Bank, Bank of Baroda, Canara Bank, Punjab National Bank and Bank of India were rallied between 25 per cent and 50 per cent in past one week.

PSU divestment, LIC IPO, fiscal deficit: How brokerages read Budget 2021

Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation, notes analysts at Jefferies

RBI raises concerns over zero-coupon bond for PSB recapitalisation

The Reserve Bank of India (RBI) has expressed some concerns over zero-coupon bonds for the recapitalisation of public sector banks (PSBs) and discussion is on between the central bank and Finance Ministry to find a solution, according to sources. The government resorted to recapitalisation bonds with a coupon rate for capital infusion into PSBs during 2017-18 and interest payment to banks for holding such bonds started from the next financial year. To save interest burden and ease the fiscal pressure, the government has decided to issue zero-coupon bonds for meeting the capital needs of the banks. The first test case of the new mechanism was a capital infusion of Rs 5,500 crore into Punjab & Sind Bank by issuing zero-coupon bonds of six different maturities last year. These special securities with tenure of 10-15 years are non-interest bearing and valued at par. However, the RBI has raised some issues with regard to calculation of an effective capital infusion made in any bank ...

Govt to infuse Rs 20,000 crore in PSBs via recap bonds; should you buy?

Analysts suggest that given weak balance sheets and low recap amount, outlook for the public sector banks continue to remain bleak

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

Stressed MSME assets will not be labelled NPAs till March 31, 2020

PSB Recapitalisation: An effort worth making if played to strength

Credit offtake remains healthy in housing, small businesses and agri loans, which is also the forte of public sector banks

Govt to upfront infuse Rs 70,000-cr capital into public sector banks

The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore, she said at a press conference

Excess RBI capital must be used to recapitalise PSBs, says BofA-ML report

The RBI can "monetise networth as the creator of money" and will not have to resort to selling of G-secs or forex reserves

$7 bn fund infusion into PSBs not enough to support lending growth: Fitch

The finance ministry last week announced infusion of Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and finance growth plans

Govt banks get Rs 48,239-crore capital boost to move out of PCA framework

The government has kept around Rs 5,000 crore as buffer for "any last-minute contingency"

PSB recapitalisation: Govt to inject Rs 23.5 bn into Central Bank of India

Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds

PSBs to be recapitalised in Q4 FY19, exercise linked to progress on reforms

BCG roped in to measure bank-wise performance of reforms agenda and present a report card

Govt seeks nod for Rs 800-billion PSB recapitalisation through bonds

Expects to issue these before end of fiscal year

Drop unviable plans

Bottom 10 banks cannot become viable under govt control; no amount of capital infusion will suffice

NBFCs to benefit from PSB recapitalisation

NBFCs may face some competition in the MSME segment

Recapitalisation bonds a way to replenish PSB coffers: UCO bank chief

He said UCO Bank's capital requirement for the current fiscal is to the tune of Rs 3,000 cr and "with the provisioning required for the NCLT cases the requirement may go up by another Rs 500-600 cr