Search For "recapitalisation"
Updated : 3 years, 12 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.
New Delhi [India], October 24 (ANI): Chief Economic Advisor Arvind Subramanian on Tuesday said that recapitalisation is a capital transaction and not a current transaction, which will not increase inflation.
New Delhi [India], Oct 24 (ANI): Union Finance Minister Arun Jaitley on Tuesday announced unprecedented PSU banks recapitalisation program of Rs 2.11 lakh crore, out of which Rs. 1.35 lakh crore will come from recap bonds, and rest from markets and budgetary support.
Updated : 4 years, 2 months ago IST
New Delhi [India], Feb. 1 (ANI): Recapitalisation of banks will ensure more credit, said Chadrajit Banerjee, DG, CII, on Wednesday. After the announcement of the Economic Survey 2016-17 on Tuesday, Banerjee emphasised on the importance of changing personal income tax slabs in the country, as