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Total 424 results found. Search for [ bank recapitalisation ]

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BT Online Bureau
Mumbai, September 5, 2012
Kingfisher Airlines' lenders have sought more details from the management on the revival plan for the cash-strapped airline, after a meeting between the two sides remained inconclusive.


PTI
Berlin, July 21, 2012
The eurozone nations seal a deal to provide rescue loans up to 100 billion euros ($122 billion) to Spain's ailing banks amid speculation that debt-laden Spanish government may also eventually seek a bailout.


PTI
Mumbai, July 7, 2012
The airline says Kingfisher Villa is owned by United Breweries Holdings and was offered as security to Axis Bank whose loan was incorporated into the lenders consortium.


Associated Press
Cyprus, June 14, 2012
Moody's credit ratings agency drove Cyprus deeper into junk status with a two-notch downgrade to Ba3 over an increased likelihood that debt-crushed Greece will leave the eurozone.


IANS
Moscow/Madrid, June 11, 2012
Eurozone finance ministers have agreed to lend Spain up to $125 billion to bail out its troubled banks as Madrid officially stated its intention to ask the Eurogroup for help.


Associated Press
Madrid, May 30, 2012
Concerns over Spain's nationalised lender Bankia, and the government's ability to come up with a Euro 19 billion rescue package for the bank, have sparked investor fears over the country.


Associated Press
Athens, May 24, 2012
Greek banks suffered massive losses following a writedown of their Greek government bond holdings this year.


Tanvi Varma/Money Today
May 17, 2012
That bank stocks are on a comeback path is clear. What is not so clear is which of the two - public sector banks or private sector banks - will give better returns. Experts, however, say PSU banks have many things going for them.


PTI
Mumbai, April 7, 2012
Leading economist Michael Bordo says forced austerity in Greece and a political backlash may end in a real disorderly default in the not too distant future and a possible exit from the euro.


PTI
Mumbai, March 31, 2012
Bank of Baroda allots 1.96 crore equity shares, aggregating 5 per cent of its equity capital, to Life Insurance Corporation (LIC) via a preferential allotment, raising Rs 1,645 crore as part of its recapitalisation plan by the Centre.


Sanjiv Shankaran
March 20, 2012
Fiscal deficit feeds into inflation, pushes up interest rates and pulls down growth. In 2011/12, India's fiscal deficit was 5.9 per cent of GDP, 1.3 percentage points more than what was forecast in Budget 2011. This comes on the heels of a fiscal deficit of over six per cent of GDP in two of the last three years.


PTI
New Delhi, February 2, 2012
The finance ministry will be infusing Rs 18,000 crore in the current fiscal in 12 banks, including SBI, and will be seeking supplementary grants from Parliament in the Budget session.


PTI
New Delhi, January 11, 2012
Finance Minister Pranab Mukherjee will first meet agriculturalists followed by a series of interactions with sectoral experts, industry captains and economists over the next three weeks to get their feedback and inputs for considering incorporation in Budget 2012-13.


BT Online Bureau
November 15, 2011
Blaming misrepresentation of facts by the media, the chairman of the private carrier said cancelling commercial flights does not mean Kingfisher Airlines is shutting down. Mallya also said the company never sought a bailout from the government and has only turned to its bankers for help.


PTI
New Delhi, November 7, 2011
The Finance Ministry has asked all banks, including private sector lenders, to open branches in locations with population of more than 5,000 in the under-banked districts by September, 2012.


PTI
New Delhi, October 19, 2011
Assuring that all public sector banks will be fully capitalised, Finance Minister Pranab Mukherjee on Wednesday said the government will seek the Parliament approval for additional funds, if required.


Anand Adhikari
New Delhi, October 6, 2011
Global rating agency Moody's on Tuesday downgraded the bank's perpetual bond rating from C- to D+ on the back of capital raising concerns and also deteriorating asset quality.


PTI
New Delhi, October 5, 2011
Moody's on Wednesday reaffirmed its rating for ICICI Bank and said the private sector lender continues to maintain a robust franchise and a strong liquidity, capitalisation and earnings profile.


PTI
Mumbai, October 5, 2011
The State Bank of India Chairman Pratip Chaudhuri says its rating downgrade by Moody's underlines the urgency for recapitalisation of the state-owned lender and expressed the hope that its long pending rights issue would be completed by March end.


PTI
New Delhi, March 24, 2011
State-run Bank of India (BoI) on Thursday said the government has infused about Rs 1,010 crore into the bank's equity capital, taking its holding to 65.86 per cent.


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