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Recapitalisation: Weak PSU banks infusion rockets by another Rs 41,000 crore

ZeeBiz WebTeam | Dec 21, 2018, 12:49 PM IST

The Government will infuse Rs 41,000 crore into cash-deprived public sector banks (PSB's) in order to recapitalize the credit providers which is projected to heighten the lending capability of the state-owned banks.

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Capital infusion by the government

Capital infusion by the government

Rs 65,000 crore Infusion the government had earlier announced in 2018. (Rs 23,000 cr had been disbursed + Rs 42,000 cr is remaining) and Rs 41,000 cr additional infusion it plans. (Reuters)

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Recapitalisation plan by Centre

Recapitalisation plan by Centre

Total recapitalisation plan by Centre has therefore risen to Rs 1.06 lakh crore this fiscal. (PTI)

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Bad Loans: Reduction in gross NPAs

Bad Loans: Reduction in gross NPAs

Rs 23,860cr: Reduction in gross NPAs of public sector banks in the first half. (Reuters)

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Bad Loans: Recovered

Bad Loans: Recovered

Rs 60,726 cr: Bad loans recovered by banks in the first half of the current fiscal. (Reuters)

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Stock market: Money raised by PSBs

Stock market: Money raised by PSBs

Rs 24,400cr: Raised by PSBs from the stock market. (File photo)

 

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Stock market: Money raised by Government

Stock market: Money raised by Government

Rs 58,000cr: The government target to raise funds from the stock market. (Reuters)

 

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The recap plan: October 2017

The recap plan: October 2017

Rs 2,11 Lakh crore: Recapitalisation over two years announced in October 2017. (Reuters)

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The recap plan: Fund source

The recap plan: Fund source

Rs 18,139 cr would come through budgetary provisions + Rs 1,3Lcr recapitalisation bonds. (Reuters)