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Total 331 results found. Search for [ recapitalisation ]

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Joe C Mathew
August 1, 2018
Finance Ministry has said that the powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks, irrespective of ownership i.e. the public sector and the private sector owned banks.


BusinessToday.In
July 23, 2018
The Department of Financial Services (DFS) had asked the state-owned banks to examine their collective 216 overseas operations to enhance cost-efficiencies.


PTI
July 17, 2018
Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.


PTI
July 17, 2018
The finance ministry is likely to infuse about Rs 10,000 crore within a few days in some state-owned lenders including PNB, Corporation Bank and Central Bank of India, to help them meet regulatory capital requirement.


BusinessToday.In
July 11, 2018
Under Sebi's takeover code, if a company acquires more than 25 per cent in another listed company, it has to make an open offer to minority shareholders to buy at least 26 per cent more in the target firm.


BusinessToday.In
New Delhi, June 28, 2018
The government is also, at best, lukewarm to the idea of an asset reconstruction company (ARC) to take over the public sector banks' toxic loans as it's not keen on diverting more of taxpayers' money toward their resolution in this manner.


BusinessToday.In
June 27, 2018
In the RBI's Financial Stability Report, the apex bank said that the Gross NPA (GNPA) ratio of scheduled commercial banks (SCBs) is likely to rise in the current fiscal.


PTI
June 12, 2018



PTI
June 10, 2018



PTI
June 8, 2018
The International Monetary Fund (IMF) has said addressing the ongoing crisis in the banking sector was important for India to support investment and inclusive growth agenda.


Anand Adhikari
New Delhi, May 28, 2018
The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.


PTI
May 23, 2018



BusinessToday.In
New Delhi, May 22, 2018
Top executives at fraud-hit PNB misled RBI: CBISenior executives at Punjab National Bank misled the Reserve Bank of India (RBI) in late 2016 over the lender's handling of the financial messaging system and credit guarantees that were at the centre of a more than $2 billion fraud, the Central Bureau of Investigation (CBI) alleged in a charge sheet filed in court. Former PNB Chief Executive Usha Ananthasubramanian; two of the bank's executive directors - K.V. Brahmaji Rao and Sanj...


PTI
Washington, April 21, 2018
The International Monetary Fund has said it wants continued momentum in India's growth and structural reforms despite the election period.


PTI
New Delhi, April 17, 2018
The International Monetary Fund (IMF) in the latest World Economic Outlook (WEO) has projected India to grow at 7.4 per cent in 2018 and 7.8 per cent in 2019.


PTI
New Delhi, April 12, 2018
The Standing Committee on Finance, chaired by senior Congress leader M Veerappa Moily, in its last meeting on March 9 had asked the ministry to institute a comprehensive inquiry encompassing systemic elements in the case and submit its report within a month.


PTI
April 12, 2018



PTI
April 11, 2018



BusinessToday.In
April 11, 2018
The move was based on rating agency's assessment of how losses resulting from over Rs 14,000 crore fraud will affect the bank's financials. Fitch also fears that the potential losses will largely consume the recapitalisation money.


Aseem Thapliyal
March 30, 2018
Government-owned IDBI Bank is in news again after a report said Reserve Bank of India (RBI) has informed finance ministry about the poor financial position of the bank and urged the government to take remedial action.


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