Govt's decision to infuse Rs 2.1 trillion of capital in PSBs could improve credit growth by up to 10 percentage point.
25 Oct 2017 6:19 PM
Lavasa emphasises on need to increase public investment, for which bold steps will be taken by govt to recapitalise banks.
25 Oct 2017 5:35 PM
Quoting former RBI Governor Y V Reddy, Subramanian said the aim must be to shrink or narrow the scope of the unviable banks.
25 Oct 2017 5:05 PM
Migrated businesses with turnover up to Rs 20 lakh who have not issued invoice can cancel their registration on portal.
25 Oct 2017 4:28 PM
The government's equity dilution will help banks raise about Rs 58,000 crore.
25 Oct 2017 4:19 PM
The government on Tuesday unveiled a Rs 2.11 lakh crore two-year road map to strengthen NPA-hit public sector banks.
25 Oct 2017 3:24 PM
RBI governor adds later a comprehensive policy would be put in place to address challenges faced by banking sector.
25 Oct 2017 2:47 PM
Govt unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.
25 Oct 2017 2:47 PM
Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.
25 Oct 2017 1:50 PM
Investors welcomed the news, sending shares of SBI up as much as 25 per cent to its highest since January 2015.
25 Oct 2017 1:34 PM
This would apply on Provident Funds of central government employees, railways and defence forces.
25 Oct 2017 1:01 PM
Note ban and GST have disrupted business activity and dampened consumer demand, says report.
25 Oct 2017 11:03 AM
According to SBI report Ecowrap, this recapitalisaiton plan will help government to gear-up lending to MUDRA scheme.
25 Oct 2017 10:59 AM
Currently, there is a wide disparity in the price of petroleum products due to different taxes in the states.
25 Oct 2017 9:40 AM
PSU banks will get Rs 2.11 lakh crore capital to increase lending; Rs 6.92 lakh crore for 83,677-km new road, highway infrastructure.
25 Oct 2017 12:36 AM