Analysts had estimated the requirement for capital by public sector banks in FY20 at ₹40,000-50,000 croreUnless banks ratchet up their recoveries, much of the capital they receive may only flow into provisioning
2 min read7 Jul 2019Experts worry the inflationary impact of these additional taxes could impact the rate cycle
3 min read6 Jul 2019PCA banks have earmarked for provisioning most of the funds they received as part of the PSU bank recapitalisation planIt would take at least a couple of more years for PCA banks to start returning value to the govt for the capital they have got
2 min read28 Feb 2019The banks will need an additional nearly Rs1.6 trillion in 2019, after the latest injections, to meet minimum capital standards, says Fitch The finance ministry last week announced infusion of Rs48,239 crore in 12 PSBs this fiscal to help them maintain regulatory capital requirements
2 min read27 Feb 2019Bank recapitalisation has shored up funds at Allahabad Bank and Corporation Bank, says RBI Only five PSU banks—United Bank of India, UCO Bank, Central Bank of India, Indian Overseas Bank, Dena Bank—now under RBI PCA framework
2 min read26 Feb 2019The government's bank recapitalisation plan was aimed at boosting better-performing banks, but that hasn't happenedBanks with highest NPA ratios received largest amount of capital as a proportion of their risk-weighted assets
1 min read22 Feb 2019The government's inflated bank recapitalisation plan will ease the banking sector's troubles, but it won't be enough
1 min read22 Feb 2019Finance Ministry will infuse Rs. 9,086 crore in Corporation Bank and Rs. 6,896 crore in Allahabad BankSo far three banks — BoI, BoM and OBC — have exited the the PCA framework of the RBI
1 min read20 Feb 2019The fresh bank recapitalisation plan is aimed at meeting the ₹1.06 trillion revised target to recapitalise banks this fiscalThe bank recapitalisation of weak banks is expected to boost credit growth and help PSU banks meet capital requirements
2 min read21 Feb 2019The government through its recapitalisation plan has increased its stake in PSU banksPart of the capital infusion in FY18 was done through recapitalisation bonds
2 min read19 Jan 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared