Page 856 - Finance News

SBI asks Odisha to take equity in Bhushan Steel

Steel firm, facing insolvency, also sought equity support of 26% from the state

YES Bank slumps after bad loans rise

YES Bank does not expect any further divergence between reported bad loan ratios and the central bank's assessment

Rights issue better way to recapitalise PSBs, says Y V Reddy

RBI should be the main one to ensure financial stability: Reddy

YES Bank shares fall over 7% after rise in bad loans in Q2

The private lender market valuation fell by Rs 5,611.71 cr to Rs 70,370.29 cr

Capital infusion only temporary relief, focus should be on NPAs: AIBEA

The Centre on Tuesday unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks, including re-capitalisation bonds, budgetary support, and equity dilution

Canara Bank posts worse-than-expected fall in Q2 profit at Rs 260 crore

Analysts, on average, had expected a net profit of Rs 331 crore: Thomson Reuters data

How many times can the RBI hike rates in 2018? Goldman Sachs says three times

Says Rs 2.11 lakh cr bank recpitalisation exercise would spike up short-term rates and core inflation

Rupee may get boost from recap plan for PSBs: Morgan Stanley report

According to the global financial services major, 'stronger growth and INR correlations with equities are supportive of further currency gains'

YES Bank under-reported Rs 6k-cr NPAs in FY17, Q2 PAT up 25%

Gross bad loans as a percentage of total loans stood at 1.82% at end-Sept, compared with 0.97% in Q1

Recapitalisation plan: Weak banks may not get growth capital

Govt to issue recap bonds; no discussion on holding company route

Bank recapitalisation plan: Provisioning ratio to improve 1,800-1,900 bps

Estimates by rating agencies and analysts peg the capital requirement of PSBs for providing for NPAs at Rs 2.50 lakh crore

Axis Bank asset quality may deteriorate more than expected, says Moody's

On October 17, Axis Bank reported a 24 per cent quarter-on-quarter increase in non-performing loans in the quarter that ended September 2017

NBFCs to benefit from PSB recapitalisation

NBFCs may face some competition in the MSME segment

Rs 2.11 lakh cr bank recap plan sufficient to tackle NPAs: SBI report

FM Jaitley had unveiled the roadmap for the strengthening of bad loans-hit public sector banks

Bank recapitalisation may make fiscal deficit target hard to achieve: Fitch

The fiscal deficit target would be difficult to achieve if two-thirds of the planned recapitalization bonds are issued by the government

Recapitalisation of PSBs need follow up with structural changes: UBS

The government on October 24 unveiled a Rs 2.11-lakh crore two-year road map to strengthen NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution

Bank recap plan to help PSUs deal with bloated balance sheets: S&P

The government plans to infuse capital totalling Rs 2.11 lakh crore ($32.4 billion) into the banks

Deutsche Bank beats estimates, Q3 net more than doubles; revenue falls 7%

Operating profit increased 51%, to 933 million euros, but revenue fell 7% to 6.8 billion euros

Govt bank stocks on fire after recapitalisation plan

Nifty PSU banks index jumps a record 30%; m-cap of these stocks zooms to Rs 1.2 lakh cr; Sensex crosses 33k-mark

Version 1 of recap bonds yet to mature

In the 1990s, the govt had for the first time issued recap bonds worth Rs 20,000 cr