Interest waiver will increase financial-stability risks
'We have successfully done the mergers and recapitalisation of the banks', said Thakur
The government announced the Rs 2.11-trillion capital infusion programme in October last year
Banking sector is still a good structural bet and remains convinced about the underlying long term value migration in favour of private banks, says Gautam Duggad of Motilal Oswal
Govt has pegged the fiscal deficit target at 3.2% of the GDP for the current financial year
Govt tying up a plan to pump in Rs 80 billion into PSBs to help them tide over the loans that have turned into NPAs
Lenders, which will receive capital via preferential issue of shares, include Bank of India, IDBI Bank and UCO Bank
Arun Jaitley had announced an unprecedented Rs 2.11 lakh crore two-year roadmap to strengthen public sector banks
"The government has not waived any loans of big NPA defaulters...," the minister asserted.