Search For "recapitalisation"
Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Government to strengthen Regional Rural Banks; Rs 6200 cr allotted for rec
Updated : 2 years ago IST
The performance of RRBs has improved significantly, with a consolidated CRAR (Capital to Risk-weighted Assets Ratio) at an all-time high of 13.83 per cent as of December 31, 2023.
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BIMA MILVIK announces acquisition by CapitalSG and successful restructurin
Updated : 2 years, 5 months ago IST
Singapore, October 23: BIMA MILVIK, the global digital health and insurance company, announces its acquisition by CapitalSG and the completion of a successful restructuring and recapitalisation.
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After Centre's four R's strategy, banks recovered Rs 5,01,479 crores in pa
Updated : 4 years, 6 months ago IST
New Delhi [India], September 16 (ANI): In the last six financial years, after the Centre's four 'Rs' strategy (Recognition, Resolution, Recapitalisation and Reforms) was executed, banks have recovered Rs 5,01,479 crores, said Union Finance Minister Nirmala Sitharaman on Thursday.
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Indian banks' modest recovery faces challenges from Covid-19 stress: Fitch
Updated : 5 years ago IST
Mumbai (Maharashtra), March 8 (ANI): The impact of Covid-19 pandemic is likely to pose challenges to improving financial performance of Indian banks once asset-quality risks manifest in the financial year ending March 2022 (FY22), Fitch Ratings said on Monday.
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Covid-19 times may usher in new opportunities for banking sector: RBI
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 29 (ANI): The gross non-performing assets (GNPAs) ratio of scheduled commercial banks declined from 9.1 per cent at end-March 2019 to 8.2 per cent at end-March 2020 and further to 7.5 per cent at end-September, the Reserve Bank of India (RBI) said on Tuesday
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Banking sector needs recapitalisation of Rs 4 lakh crore: Uday Kotak
Updated : 5 years, 9 months ago IST
New Delhi [India], June 2 (ANI): Industry leaders said on Tuesday that the banking and financial sectors need structural reforms to propel economic growth as the country aspires to become self-reliant in the face of coronavirus crisis and enters the 'Unlock Phase 1.'
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Cabinet approves recapitalisation of RRBs to improve CRAR
Updated : 6 years ago IST
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for continuing the process of recapitalization of Regional Rural Banks by providing minimum regulatory capital for those RRBs which are unable to maintain minimum Capital to Ri
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Cabinet approves Rs 1,340 crore recapitalisation of regional rural banks
Updated : 6 years ago IST
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Rs 1,340 crore recapitalisation of regional rural banks to improve their capital to risk-weighted assets ratio.
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Cabinet clears Rs 9,300 crore capital infusion in IDBI Bank
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 3 (ANI): The Central government on Tuesday approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender's capital base.
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Cabinet approves recapitalisation of IDBI
Updated : 6 years, 6 months ago IST
New Delhi,[India] Sep 3 (ANI) The Union Cabinet on Tuesday approved recapitalisation of IDBI Bank with a one-time infusion of Rs 9,300 crore.
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Recapitalisation of public sector banks disappearing into quicksand: Ind-R
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 9 (ANI): While the government has infused huge capital in public sector banks (PSBs), the funds have largely been used to mitigate losses and failed to contribute meaningfully to credit growth, according to India Ratings and Research (Ind-Ra).
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