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Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Govt infusing capital in banks only short term solution: AIBEA

Centre unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

27 Oct 2017 7:13 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Recapitalisation plan positive for banks' ratings: Fitch

Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.

26 Oct 2017 11:13 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Bank recapitalisation to improve credit, GDP growth: report

Govt's decision to infuse Rs 2.1 trillion of capital in PSBs could improve credit growth by up to 10 percentage point.

25 Oct 2017 6:19 PM IST

Finance Secretary Ashok Lavasa

Finance Secretary hints at increased capital expenditure by PSUs

Lavasa emphasises on need to increase public investment, for which bold steps will be taken by govt to recapitalise...

25 Oct 2017 5:35 PM IST

Finance Minister Arun Jaitley with RBI governor Urjit Patel at an event. (Photo: PTI)

Banks' recap safeguards India's economic future: Patel

RBI governor adds later a comprehensive policy would be put in place to address challenges faced by banking sector.

25 Oct 2017 2:47 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

India's bad loans and stressed assets estimated at Rs 10 lakh crore

Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.

25 Oct 2017 1:50 PM IST

A Broker checks changing share prices at BSE. (Photo: PTI)

Banks' recap: PNB surges 32 per cent, Bank of India 24 and SBI 20 per...

Also, Andhra Bank was quoting 14.96 per cent higher, Allahabad Bank 12.70 per cent and Syndicate Bank 12.11 per cent.

25 Oct 2017 12:09 PM IST

Finance Minister Arun Jaitley

Cabinet approves massive Rs 9 lakh crore boost for economy

PSU banks will get Rs 2.11 lakh crore capital to increase lending; Rs 6.92 lakh crore for 83,677-km new road, highway...

25 Oct 2017 12:36 AM IST

Finance Minister Arun Jaitley said that the government gave opportunity to people to come clean about their accounts held abroad. (Photo: Twitter/ANI)

Govt approves Rs 2.11 lakh crore recapitalisation package for PSU...

Fin Min says recapitalisation programme is essential to increase public spending on infrastructure.

24 Oct 2017 6:06 PM IST

Fitch estimates that the banking sector will require around USD 90 billion in new total capital by 2018-19 fiscal to meet Basel-III standards and ongoing business needs.

Fitch may revise banks' rating if recapitalisation done early

Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.

30 Nov 2017 4:23 PM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

Indian economy recovering from 'temporary blip': Jaitley

The finance minister also assured investors of a strong banking sector in India.

16 Nov 2017 1:06 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPI inflow in equities at USD 1.5 bn in Nov so far

According to depository data FPIs infused a net sum of Rs 9,710 crore in equities during Nov 1-10.

12 Nov 2017 11:30 AM IST