Search For "recapitalisation"
Govt to infuse Rs 48,239 crore in 12 public sector banks
Updated : 7 years, 1 month ago IST
New Delhi [India], Feb 20 (ANI): The government on Wednesday approved recapitalisation of 12 public sector banks with an infusion of Rs 48,239 crore.
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Cabinet approves Rs 6,000 crore capital infusion for Export-Import Bank
Updated : 7 years, 2 months ago IST
New Delhi (India), Jan 16 (ANI): The Union Cabinet on Wednesday approved fresh capital infusion in the form of recapitalisation of bonds in the Export-Import Bank of India (Exim Bank) to the tune of Rs. 6,000 crore and the authorised share capital of Exim Bank has been increased from Rs 1
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Economic Survey insightful:FICCI
Updated : 8 years, 1 month ago IST
New Delhi [India], Jan.29 (ANI): India has seen major structural reforms in 2017-18 such as GST, Insolvency Code and bank recapitalisation according to the Economic Survey tabled in Parliament today, will boost the economy in the coming years.
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IDBI gains maximum capital infusion from Centre
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 24 (ANI): A substantial amount of Rs 10,610 crore will be pumped into IDBI Bank under the recently-announced bank recapitalisation plan, the government announced on Wednesday.
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India`s GDP growth to touch 7.3 percent in 2018-19: World Bank
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI India's Gross Domestic Product (GDP) is expected to grow by 6.7 percent in FY 2017-18 and will pick up to 7.3 percent in 2018-19, and to 7.5 percent a year in the medium term, a report released by the World Bank on Wednesday stated.
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Resilience of banking system being tested: Jaitley
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): Union Finance Minister Arun Jaitley on Saturday stated that amid the rising challenges emerging before banks in the present day, the resilience of the banking system is undergoing a test.
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Banking sector posts 10.7 pct YoY growth in Dec'17
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): The banking sector sustained its growth momentum post the Centre's public sector bank (PSB) recapitalisation plan by driving a significant surge in credit growth.
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Govt tables demand for Rs 80K grant towards PSB recap
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 4 (ANI): The Centre on Thursday presented a demand for additional expenditure towards a previously announced bank recapitalisation plan for public sector banks, to the tune of Rs 80,000 crore.
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Finance Ministry to issue recapitalisation bonds to PSBs in Jan
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 26 (ANI): The Ministry of Finance is likely to issue the first tranche of recapitalisation bonds to public sector banks (PSB) in early January, official sources from the ministry have confirmed.
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Bank recapitalisation plan a reform and recap package: RBI Guv
Updated : 8 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 6 (ANI): The Reserve Bank of India (RBI) Governor Dr Urjit Patel hailed the recently-announced bank recapitalisation plan as a "reform and recap package", adding that the move will give a much-needed impetus to credit growth in the economy.
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CII suggests measures to govt to strengthen banking sector
Updated : 8 years, 3 months ago IST
New Delhi [India], December 6 (ANI): Hailing the government's powerful package of Rs 2.1 lakh crore for bank recapitalisation, Shobhna Kamineni, President Confederation of Indian Industry (CII) has urged the government to take further reforms to strengthen the banking sector.
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FICCI recommends tax rate cuts for individuals, businesses to spur demand
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 6 (ANI): Flagging off pre-budget expectations in lieu of the Union Budget 2018-19, the Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday stressed on the need for tax rate cuts across the board for individuals and businesses to spur domestic in
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