Search For "recapitalisation"
Updated : 3 years, 8 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.
Updated : 3 years, 9 months ago IST
New Delhi [India], Jan 10 (ANI India's Gross Domestic Product (GDP) is expected to grow by 6.7 percent in FY 2017-18 and will pick up to 7.3 percent in 2018-19, and to 7.5 percent a year in the medium term, a report released by the World Bank on Wednesday stated.
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.
New Delhi [India], Jan 6 (ANI): The banking sector sustained its growth momentum post the Centre's public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth.
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.
New Delhi [India], Dec 26 (ANI): The Ministry of Finance is likely to issue the first tranche of recapitalisation bonds to public sector banks (PSB) in early January, official sources from the ministry have confirmed.
Updated : 3 years, 10 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.
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.
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
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-.
Updated : 3 years, 11 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".
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