Bank Recaptalisation

In a report tabled in the Parliament, the CAG said the the government made an investment of Rs 80,000 crore in 2017-18 and of Rs 1,06,000 crore in 2018-19 for the recapitalisation of PSBs

The Nifty PSU Bank index has crossed major hurdle of 2,750 and is ready to surge 5 per cent

Here are the best of Business Standard's opinion pieces for Wednesday

Institutions face additional burden to meet interest on interest obligation for all its borrowers

Special securities shall be non-interest bearing and no interest shall be payable on issue of the securities

A status check on the consolidation of four sets of state-run banks offers clues to the hard decisions that are needed, write Abhijit Lele and Raghu Mohan

Capex as a percentage of Budget expenditure was 18 per cent in FY17 and FY19. Now, it has come down to 16 per cent… There is scope for capex allocation to go up, says Shah

Private banks stick to equity capital; fund-raising spree driven by RBI's call for adequate capitalisation

Without beefing up the regulatory framework, moral hazard may outweigh advantages, say experts

Here's a selection of Business Standard opinion pieces for the day

Budget could be a good starting point for deeper banking reforms

India Inc could make a re-entry into commercial banking - 40 years after the last round of bank nationalisation in 1980

Here's a selection of Business Standard opinion pieces for the day

P&SB's zero-coupon bonds violate prudent accounting practices

Restoring banks' capital is critical for aiding a meaningful recovery, but there has been little focus on the matter, former RBI Deputy Governor Viral Acharya said

Panagariya further said the country lost nearly $125 billion in the April-June period due to the Covid-19 pandemic

The government may infuse Rs 20,000 crore through the recapitalisation of bonds into state-owned banks.

For now, the government has told state-owned banks to raise money from the markets

The banking sector needs to open up to the same levels of 'liberalisation process' which other sectors have witnessed, N K Singh said

Bajaj also said the financial services secretary was examining a plan of bank recapitalisation