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Recapitalisation of banks News

19 Aug 2017

NPA resolution: RBI chief calls for recapitalisation of banks

Reserve Bank Governor Urjit Patel on Saturday called for recapitalisation of state-run banks to help them resolve the NPAs issue in a time-bond manner as bad loans at 9.6 percent of the system is not acceptable.

16 Feb 2017

Rs 10,000 crore sufficient in 2017-18 for bank recapitalisation: Vinod Rai

The central government has provided Rs 10,000 crore for recapitalisation of banks owned by it in the Union Budget 2017-18.

21 Nov 2016

Government using helicopters, Indian Air force to reduce cash transportation time from 21 days to 6 days

The time taken from printing currency notes to transporting it to distribution centers has come down from 21 days to just 6 days, and government is using all possible modes of transport including helicopters and Indian Air Force planes for moving cash quickly

11 Jul 2016

Government to begin fresh recapitalisation of ailing public sector banks

The Centre is likely to soon announce the first tranche of the Rs 25,000 crore capital infusion for public sector banks (PSBs), planned for this financial year (2016-17).

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