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Tuesday, May 24, 2022



Across the aisle: Ignore Thiruvalluvar at your peril

October 29, 2017 3:39 am

Recapitalisation is a half-reform done three years late, as pointed out by the Chief Economic Adviser on October 25. According to the CEA, it has to be accompanied by — I would say preceded by — banking reforms and tough governance standards. There is no word from the government on these concomitant reforms

Tradeability of recap bonds a complex, challenging issue: YV Reddy

October 28, 2017 2:21 am

According to Reddy, in a way it’s not a banking crisis but a serious stress to the system.

Bank recapitalisation: A lesson from 1993, with eye to the future

October 26, 2017 7:13 am

The economy was in repair in 1992-93 after the famous balance of payments crisis in 1991-92 and the government had to unveil reforms in the financial sector especially after the securities scam of 1991-92.

Recapitalisation monumental step, says RBI Gov Urjit Patel, better banks ahead in line for capital

October 26, 2017 7:09 am

Of the total of 22 PSU banks, as many as eight currently have gross non-performing assets (GNPA) above 15 per cent while 14 banks have GNPA of more than 12 per cent.

The booster shot

December 21, 2018 8:06 pm

The move to raise spending and bolster growth is welcome. But private investment must pick up for economy to turnaround

IBA prepares recap road map, govt set for infusion

April 26, 2015 1:07 am

Centre had decided to infuse R6,990 cr in 9 PSBs out of current year’s budget

Moody’s downgrade ‘uncalled for’: SBI

September 25, 2013 3:41 am

State Bank of India on Tuesday came out against Moody’s move to downgrade its debt rating.

World Bank,India agree on $1.2 bn loan

August 24, 2009 1:30 pm

India has finalised negotiations for a $1.2 bn loan from World Bank to help recapitalise state-run banks.