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News
Recapitalisation bonds
Recapitalisation bonds News
Recapitalisation bonds
24 Jan 2018
Rs 80K crore PSB recap bonds won't impact fiscal deficit: Finmin
These bonds will not have Statutory Liquidity Ratio (SLR) and have tenure of 10-15 years, Economic Affairs Secretary S C Garg told reporters here.
public sector banks
29 Nov 2017
FinMin giving final touches to recap bonds, FM nod likely soon
The framework once cleared will go to Parliament for necessary approvals, another official said.
Rajiv Kumar
12 Nov 2017
No easy capital for PSBs, stick to reforms: Banking secy
The banks will also be getting nearly Rs 18,000 crore under the Indradhanush plan.
Moody's Investors Service
25 Oct 2017
Rs 2.11 lakh crore PSU bank recap plan credit positive: Moody's
Moody's Investors Service on Wednesday said the government's plan to infuse Rs 2.11 lakh crore in PSU banks is "significant credit positive" as it will help address the problem of weak capitalisation.
Urjit Patel
25 Oct 2017
PSU bank recap plan monumental step forward: Urjit Patel
Finance Minister Arun Jaitley yesterday announced that Rs 2.11 lakh crore would be infused in PSU banks over two years, of which Rs 1.35 lakh crore will be through recapitalisation bonds.
Recapitalisation bonds
25 Oct 2017
CEA pegs interest cost of recapitalisation bonds at Rs 9,000 crore
Yesterday, Finance Minister Arun Jaitley unveiled an unprecedented Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution.
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