Feb 23, 2021 01:47 PM IST
Apart from the Budget-related triggers, the macro factors are improving as the economy re-opens also added to the strength in the rally. But, structurally things remain weak, suggest experts.
- Feb 01, 2021 07:34 PM IST
While the Budget 2021 proposals are encouraging, the government has to act swiftly in getting private participation and taking toxic assets out of the system
- Jun 22, 2020 12:47 PM IST
Government’s directive to PSBs to cut unnecessary expenditure in a crisis scenario is a certainly a good move. But, this will not be enough. PSBs are staring at much bigger capital requirements in the Covid-19 hit economy.
- May 14, 2020 07:05 PM IST
Collateral-free loans carry a risk of companies misusing the government scheme in collusion with local bank officials and politicians.
- Feb 01, 2020 02:47 PM IST
The government has already front loaded Rs 68,855 crore, out of Rs 70,000 crore earmarked for capital infusion for the current fiscal, to take care of the mega-merger plan announced in August last year
- Nov 08, 2019 10:29 AM IST
The growth slowdown is expected to be long-lasting and Moody’s has lost its earlier confidence in reforms continuing
- Jul 07, 2019 12:32 PM IST
Earlier this week, the Economic Survey had raised concerns over the spill over effects of the NBFC crisis
- Jun 27, 2019 11:02 AM IST
However, the department of finance wants more time to study the proposal in detail.
- Feb 01, 2019 06:43 PM IST
Providing budgetary support to public sector banks was part of the government’s broader strategy of infusing Rs 2.11 lakh crore in the banking sector via various means.
- Dec 28, 2018 03:32 PM IST
Sakshi Batra does a 3 point analysis on whether recapitalisation is a panacea to resolve the key issues dogging Indian banks.
- Dec 20, 2018 06:49 PM IST
The government’s capital infusion plan clearly intends to shrink the PCA list
- Dec 12, 2018 05:15 PM IST
Till November 2018, government has infused close to Rs 22,900 crore in seven PSBs.
- Sep 20, 2018 10:39 AM IST
This infusion will take government's total capital infusion in PSBs to Rs 13,600 crore in this financial year
- Nov 03, 2017 03:29 PM IST
CNBC-TV18’s Timsy Jaipuria caught up with Former Reserve Bank of India Governor, YV Reddy and asked him his take on the recent bank recapitalisation proposal that the government has put forward.
- Oct 31, 2017 01:03 PM IST
Yes Bank stock could remain subdued for next six months but from a 3-4 year perspective then even at this price it makes sense to add, said Suresh Ganapathy, Banking Analyst, Macquarie Capital Securities.
- Oct 30, 2017 01:21 PM IST
The government's recapitalisation programme has many implications for investing in the financial space. Know how you can ace it.
- Oct 26, 2017 12:31 PM IST
The announcement made on Tuesday "is a significant change from the drip-feed approach pursued over the last few years and should help address the capital shortages that are a major negative influence on the viability ratings of the banks," it said.
- Oct 26, 2017 12:30 PM IST
The government plans to infuse capital totalling Rs 2.11 lakh crore (USD 32.4 billion) into the banks. That's much larger than its previous infusions over the past few years.
- Oct 26, 2017 12:09 PM IST
In an interview to CNBC-TV18, Rashesh Shah, Chairman and CEO of Edelweiss Financial Services discussed how does the government's capital infusion plans impact the non-banking financial companies (NBFC) universe.
- Oct 25, 2017 11:07 PM IST
Has the government done enough to ensure that public sector banks won’t slip into their lousy ways again?
- Oct 25, 2017 04:10 PM IST
The government yesterday announced a capital infusion of Rs 2.11 lakh crore in state-run banks over a period of two years, which includes recapitalisation bonds, budgetary support and equity dilution.
- Oct 25, 2017 02:08 PM IST
In an interview to CNBC-TV18, Rajkiran Rai G, MD & CEO of Union Bank of India shared his views on the mega Rs 2.11 lakh crore bank recapitalisation plan that cabinet has cleared.
- Oct 25, 2017 02:02 PM IST
The government yesterday unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution. "This (capital infusion in PSBs) will pull down lending rates, spur aggregate demand, put idle factories to work, exhaust capacity and spark investment in 2-3 years," the report said.
- Oct 25, 2017 08:37 AM IST
In a tweet, Shah said the "courageous" decision will not only give impetus to businesses but also provide job opportunities to the youth.
- Oct 24, 2017 10:23 PM IST
Hint: This has been done before.