Bank Recapitalization

The government is mulling on measures to strengthen bank balance sheets by recapitalizing public sector undertaking banks and plans to loosen its fiscal deficit target to enable it to spend up to USD 7.7 billion more to halt an economic slowdown.

Huge gap between funds that PSBs need and are getting: Macquarie

The goverment on Tuesday announced it was front-loading a major part of the Rs 25,000 crore capital it was supposed to infuse into public sector banks, which have been saddled by bad loans and weak credit growth.

Govt allocates Rs 22,915 cr for PSU bank re-capitalization

Seventy five percent of the fund infusion will be made immediately, the government said in a press release, while the remaining amount will be linked to performance.

Fund requirement assessment for banks ongoing process: FinMin

Amidst reports that additional fund infusion may be needed for state-owned banks, the Finance Ministry today said assessment of their capital needs is an ongoing process that is reviewed periodically.

Greece hopes to conclude bailout talks by August 11

Greece's finance and economy ministers were locked in negotiations with representatives of creditors on Sunday, which stretched until the early hours of Monday.

Greece says expects bailout deal by Aug 18

"The first phase of negotiations ends today and the second phase starts, which really contains the details of drafting (the deal)," Gerovasili told Skai TV station.

Mkt excited about regular bond mkt limit review: StanChart

In an interview with CNBC-TV18's Surabhi Upadhyay, Samiran Chakraborty of Standard Chartered Bank, discussed the outcome of the Reserve Bank of India's board meeting.

Is $26bn banks stake sale enough to meet Basel III norms?

Will raising Rs 1.6 lakh crore through selling stake in nationalized banks be enough to meet their capital requirements? And more importantly, can the government even sell that much?

Confident of capital infusion this fiscal, says SBI

Even though the government has not mentioned any plans of bank recapitalization yet, State Bank of India is confident of getting the necessary capital adequacy.