Rs 80K crore PSB recap bonds won't impact fiscal deficit: Finmin
These bonds will not have Statutory Liquidity Ratio (SLR) and have tenure of 10-15 years, Economic Affairs Secretary S C Garg told reporters here.
Jan 24, 2018, 17:54 PM IST
FinMin giving final touches to recap bonds, FM nod likely soon
The framework once cleared will go to Parliament for necessary approvals, another official said.
Nov 29, 2017, 17:57 PM IST
No easy capital for PSBs, stick to reforms: Banking secy
The banks will also be getting nearly Rs 18,000 crore under the Indradhanush plan.
Nov 12, 2017, 17:49 PM IST
Rs 2.11 lakh crore PSU bank recap plan credit positive: Moody's
Moody's Investors Service on Wednesday said the government's plan to infuse Rs 2.11 lakh crore in PSU banks is "significant credit positive" as it will help address the problem of weak capitalisation.
Oct 25, 2017, 14:16 PM IST
PSU bank recap plan monumental step forward: Urjit Patel
Finance Minister Arun Jaitley yesterday announced that Rs 2.11 lakh crore would be infused in PSU banks over two years, of which Rs 1.35 lakh crore will be through recapitalisation bonds.
Oct 25, 2017, 14:15 PM IST
CEA pegs interest cost of recapitalisation bonds at Rs 9,000 crore
Yesterday, Finance Minister Arun Jaitley unveiled an unprecedented Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution.
Oct 25, 2017, 14:07 PM IST
