Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.
01 Nov 2019 2:26 PM
The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility.
19 Sep 2019 8:50 AM
The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing assets.
09 Aug 2019 9:14 AM
Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46 lakh cr by the govt.
26 Jul 2019 10:13 AM
The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.
05 Jul 2019 3:06 PM
Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of PSBs.
09 Jun 2019 8:28 AM
Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.
25 May 2019 1:12 PM
It has made a case for giving a complete autonomy to banks to decide organisational structure for better efficiency.
19 Apr 2019 6:25 PM
According to analysts, the gross and net non-performing assets (NPAs) are likely to fall sequentially.
11 Apr 2019 1:06 AM
Capital infusion will help the bank to shore up its capital adequacy requirements and enable the bank to build a robust loan book.
29 Mar 2019 8:56 AM
Reserve Bank of India has imposed penalties worth Rs 71 crore on 36 public, private and foreign banks.
09 Mar 2019 10:51 AM
The portal was launched in November to provide credit of up to Rs 1 crore to micro, small and medium enterprises within 59 minutes.
03 Mar 2019 12:37 PM
The bank's net profit rose 7.12 per cent to Rs 247 crore in the three months to December 2018.
28 Feb 2019 5:32 PM
Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.
24 Feb 2019 3:16 PM
Some of the recommendations of the Nayak committee have been implemented and some more need to be institutionalised.: Subramanian.
23 Feb 2019 12:55 PM
The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.
21 Feb 2019 6:02 PM
The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.
21 Feb 2019 5:19 PM
The government had in October 2017 said it would infuse a total 2.11 trillion rupees into state-run lenders over two years.
21 Feb 2019 1:57 PM
The government will pump in Rs 12,535 crore in four other banks under PCA.
20 Feb 2019 5:38 PM
Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.
18 Feb 2019 1:12 PM