Search For "psu banks"
Bank recapitalisation significant to address growth capital requirements:
Updated : 8 years, 5 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.
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Recapitalisation is capital transaction which won't increase inflation: Ar
Updated : 8 years, 5 months ago IST
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.
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PSU banks, from 2008 to 2014, engaged in indiscriminate lending: Jaitley
Updated : 8 years, 5 months ago IST
New Delhi [India], Oct. 24 (ANI): Union Finance Minister Arun Jaitley on Tuesday said that the public sector banks, from 2008 to 2014, engaged in indiscriminate lending, in an apparent attack at the then ruling alliance - the United Progressive Alliance (UPA).
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Govt. approves Rs 2.11 lakh crore recapitalisation package for PSU banks
Updated : 8 years, 5 months ago IST
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.
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Govt. allocates Rs. 22,915 cr to PSU banks for re-capitalization
Updated : 8 years, 7 months ago IST
New Delhi, July 19 (ANI): The government today announced infusion of Rs. 22,915 crore into 13 public sector (PSU) banks to help them cope with their non-performing loans and shore up their capitals levels.
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