Fri, Jul 12, 2019
This is likely to provide the better-run NBFCs access to liquidity. The partial credit guarantee from the government would help NBFCs raise funds from PSBs, providing them urgently needed funding support .
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Tue, Feb 26, 2019
The RBI further said the two banks have made the necessary disclosures to the stock exchange that post infusion of capital, the capital to risk weighted assets ratio (CRAR), tire-1 capial equity, net NPA and leverage Ratios are no longer in breach of the PCA thresholds.
Mon, Feb 18, 2019
During a candid chat with Zee Business, Rajiv Kumar, Secretary, Department of Financial Services (DFS), spoke about prompt corrective action framework, recapitalisation of banks, the merger plan of the insurance companies and more.
The government has been in favour of alignment of the capital adequacy norms with Basel III norms, said the report. Sources told PTI that this higher capital norms translate into additional capital requirement, restricting lending potential and income generation.
Fri, Jan 25, 2019
Government wants PSU Banks to come out of PCA because of two main reasons; Firstly, more banks will be able to lend to industry which will help in creating more economic activity, and Secondly, once the smaller banks under PCA are stabilized, it will help the government to implement initial idea of merger of smaller PSU banks to create few big banks.
Mon, Nov 05, 2018
The government's row with RBI is over the PCA framework where about 11 state-owned banks are, more or less, trapped.
Wed, Jan 10, 2018
As per Fitch, government officials have indicated that capital injections are to be targeted at supporting lending growth.
Fri, Dec 22, 2017
The prompt corrective action framework is intended to encourage banks to eschew certain riskier activities and focus on conserving capital so that their balance sheets can become stronger.
Thu, Dec 21, 2017
Total gross NPAs in value terms of the entire banking system stood at Rs 8.38 lakh crore as on September 2017, and these ten banks together account for 34% of these total value.
Wed, May 03, 2017
Bad loans are one of the reasons why banks are currently suffering through higher provisions, deterioration in asset quality, higher slippages and thus lower earnings.
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