Bank Recapitalisation

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.

Budget 2021 -- Why bank recapitalisation amount of just Rs 20,000 crore is not bad news

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

FinMin wants PSBs to cut expenditure by 20%: Good move, but where is the recapitalisation plan?

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.

So far, PSBs are the unsung heroes in Rs 20 lakh crore stimulus package. But who will rescue them?

Collateral-free loans carry a risk of companies misusing the government scheme in collusion with local bank officials and politicians.

Budget 2020: FM Sitharaman pulls the plug on PSU bank recapitalisation

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

Why Moody’s cut its India credit rating outlook

The growth slowdown is expected to be long-lasting and Moody’s has lost its earlier confidence in reforms continuing

Banking wrap: Budget 2019 lists measures for NBFCs revival, bank recap and corporate debt markets

Earlier this week, the Economic Survey had raised concerns over the spill over effects of the NBFC crisis

Centre to revive plans to create holding company for PSB equity stakes: Report

However, the department of finance wants more time to study the proposal in detail.

Budget 2019: Public sector banks' recapitalisation complete, no fiscal support in FY20

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.

3 Point Analysis | Govt may infuse over Rs 28,000 in 7 PSBs

Sakshi Batra does a 3 point analysis on whether recapitalisation is a panacea to resolve the key issues dogging Indian banks.

Enhanced recapitalisation for PSBs: Should the Street cheer?

The government’s capital infusion plan clearly intends to shrink the PCA list

Centre unlikely to raise bank recapitalisation target: ICRA

Till November 2018, government has infused close to Rs 22,900 crore in seven PSBs.

Govt may infuse Rs 2,350cr in Central Bank to boost capital base

This infusion will take government's total capital infusion in PSBs to Rs 13,600 crore in this financial year

Design of recapitalisation process is critical: YV Reddy

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.

Recapitalisation of PSBs without proper rules & conditions no good: Macquarie Cap

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.

Watch: How you should play PSBs after the recap plan, stock run-up

The government's recapitalisation programme has many implications for investing in the financial space. Know how you can ace it.

Bank recapitalisation may make fiscal deficit target hard to achieve: Fitch Ratings

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.

Bank recapitalisation plan to help deal with bloated balance sheets: S&P

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.

Recapitalisation good for PSU banks; it will increase competition for credit: Edelweiss

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.

Why PSU bank capitalisation must come with governance reforms

Has the government done enough to ensure that public sector banks won’t slip into their lousy ways again?

Bank recapitalisation to improve credit, GDP growth: Report

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.

Looking to raise Rs 2,000 crore via QIP issue: Union Bank of India

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.

Bank recapitalisation critical for economic recovery: BofAML

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.

Bank recapitalisation historic, will boost business: Amit Shah

In a tweet, Shah said the "courageous" decision will not only give impetus to businesses but also provide job opportunities to the youth.

Here's how Jaitley can fund India's struggling banks without busting the deficit

Hint: This has been done before.