Saturday, Jul 13, 2024 | Last Update : 07:23 PM IST


Public sector banks will need Rs 2.1 lakh crore to plug capital shortfalls: Moody's

Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021

21 Aug 2020 2:06 PM

Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings

The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and supply disruptions

22 May 2020 12:28 PM

FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week

The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments

11 May 2020 10:44 AM

PSBs to put defaulters on watch

CEO, MD given power to request for lookout notices.

23 Nov 2018 6:29 AM

PSBs to recover around Rs 1.8tr: FM

Mr Jaitley said that banks must strive to be seen always as institutions of clean and prudent lending.

26 Sep 2018 12:40 AM


Panagariya calls for PSBs’ privatisation

Mr Panagariya was replying to a query related to the recent banking frauds, including nearly Rs 13,000 crore at PNB.

26 Mar 2018 12:20 AM

Finance Minister wants Basel-III norms deadline deferred

As per the norms, banks have to maintain a minimum common equity ratio of 8 per cent and total capital ratio of 11.5 per cent by March 2019.

27 Jun 2017 4:23 AM

RBI move on insolvency proceedings credit positive: Moody's

RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.

19 Jun 2017 6:45 PM

Jaitley to review working of PSU banks, FIs on June 12

Meet assumes significance as it will be first after promulgation of ordinance amending Banking Regulation Act, 1949, last month.

09 Jun 2017 4:12 PM

Why SBI group banks' profit fell by Rs 11,984 crore

Five associate banks that have got merged with SBI reported losses affecting parent bank.

25 May 2017 5:19 PM


This is how RBI will deal with $150-bn bad loans

Only two weeks ago, government gave central bank greater power to tame bad loans.

23 May 2017 10:44 AM

7 PSU banks get new heads; MDs of PNB, BoI shifted

Toxic loans of public sector banks rose by over Rs 1 lakh crore to Rs 6.06 lakh crore during April-Dec 2016-17.

06 May 2017 11:26 AM

How RBI, banks will tackle Rs 6 lakh crore NPAs

Amendments will give RBI powers to directly interven in the issue and instruct banks for speedy redressal.

04 May 2017 4:53 PM

Ind-Ra reports Rs 91,000 cr for banks to sustain

This includes Rs 20,000 cr residual tranches from govt's capital infusion in public sector banks.

15 Feb 2017 6:02 PM