'Sans fund infusion, PSB mergers won't improve capitalisation'
The Union Cabinet's decision to speed up the merger of public sector banks (PSBs) will not improve their weak capitalisation without capital infusion from the government, Moody's Investors Service said on Monday.
Aug 28, 2017, 13:40 PM IST
Arundhati Bhattacharya hopes to kick off SBI's mega merger by October-end
SBI hopes to kick off merger of its associates as well as Bharatiya Mahila Bank with itself by October-end and try to complete the process by March next, making it the 45th largest lender globally in terms of assets.
Sep 04, 2016, 14:04 PM IST
Banks' asset quality to remain under pressure this year: S&P
Indian banks' asset quality and capitalisation are likely to remain under pressure in the next 12 months mainly because of tepid industrial activity and high leverage by some corporates, Standard & Poor's said Tuesday.
Mar 22, 2016, 18:47 PM IST
Indian banks more stable but challenges remain: Fitch
Public sector banks require Rs 2.40 lakh crore capital by 2018 to meet global Basel III norms.
Nov 26, 2015, 16:07 PM IST
Public sector banks get revamp plan, political interference to be checked: FM
The government has decided to inject Rs 70,000 crore in PSBs in four-year period starting this fiscal with Rs 25,000 crore.
Aug 14, 2015, 19:38 PM IST
FinMin to seek Cabinet nod to bring stake in banks to upto 52%
The Finance Ministry is finalising the draft Cabinet note on reducing government stake in PSU banks to up to 52 percent as part of recapitalisation drive.
Sep 12, 2014, 18:33 PM IST
