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Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Rajan says govt could sell some assets to fund ailing PSU banks

RBI have been trying to ease the burden on state-run lenders, which account for 70 per cent of all lending.

9 Sept 2017 3:55 PM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

'Banking sector outlook to stay negative till capital positions...

Fitch said the USD 151-billion stock of bad loans remains a risk for the sector's weak income base.

13 Aug 2018 1:29 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Bad debt situation not that grim, recovery hopes intact: SBI

Banks are straddled with anywhere between Rs 9 lakh crore to Rs 12 lakh crore of stressed assets.

6 May 2017 1:50 PM IST