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Moody's Investors Service

25 Oct 2017

Rs 2.11 lakh crore PSU bank recap plan credit positive: Moody's

Moody's Investors Service on Wednesday said the government's plan to infuse Rs 2.11 lakh crore in PSU banks is "significant credit positive" as it will help address the problem of weak capitalisation.

25 Oct 2017

PSU bank recap plan monumental step forward: Urjit Patel

Finance Minister Arun Jaitley yesterday announced that Rs 2.11 lakh crore would be infused in PSU banks over two years, of which Rs 1.35 lakh crore will be through recapitalisation bonds.

Recapitalisation bonds

25 Oct 2017

CEA pegs interest cost of recapitalisation bonds at Rs 9,000 crore

Yesterday, Finance Minister Arun Jaitley unveiled an unprecedented Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution.

24 Oct 2017

Cabinet defends big reforms, approves Rs 2.11 lakh crores for public sector banks

Finance Minister Arun Jaitley on Tuesday said the Indian economy is on a strong wicket with sound macro-economic fundamentals.

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