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PSBs stressed assets News
PSBs stressed assets
PSBs in PCA framework may not get govt's recap support
Wed, Jan 10, 2018
As per Fitch, government officials have indicated that capital injections are to be targeted at supporting lending growth.
FinMin giving final touches to recap bonds, FM nod likely soon
Wed, Nov 29, 2017
The Department of Financial Services, in consultation with the Reserve Bank of India, has submitted proposals to the Department of Economic Affairs, which is working on the final structure, a government official said, adding that the final structure will be known in the next few days after approval from the finance minister.
Amendments to bankruptcy code a positive move: Experts
Wed, Nov 22, 2017
Asset resolution and bank recapitalisation are expected to strengthen banks' balance sheets and improve their "ability and willingness" to lend at rates in consonance with policy rates.
India should prioritise public banking sector reforms: IMF
Fri, Oct 13, 2017
The country's growth is expected to accelerate in the medium-term as temporary disruptions due to demonetisation and the Goods and Services Tax (GST) fade, the International Monetary Fund said in its Asia and Pacific Regional Economic Outlook Update.