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Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.

22 May 2018 2:32 PM IST

Indian Overseas Bank has offered Bharat Bill Payment System, introduced by the National Payments Corporation of India.

Indian Overseas Bank's Q4 net loss widens to Rs 3,606.73 cr

Shares of Indian Overseas Bank were trading 2.40 per cent lower at Rs 16.25 apiece on BSE.

30 May 2018 9:55 AM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India Q4 loss widens to about Rs 4,000 crore on bad loans

The gross non-performing assets (NPAs) hit 16.58 per cent of the gross advances, as against 13.22 per cent by end March...

28 May 2018 6:35 PM IST

Syndicate Bank has reported a net loss of Rs 263.19 crore for the June quarter of 2017.

Syndicate Bank shares slump over 12 pc on weak Q4 earnings

The bank had posted a net profit of Rs 103.84 crore in the corresponding January-March quarter of 2016-17.

16 May 2018 5:05 PM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

Punjab National Bank posts biggest ever quarterly loss of Rs 13,417 cr

The bank had reported a staggering standalone profit of Rs 261.90 crore in the fourth quarter of 2016-17.

15 May 2018 4:02 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Two independent directors of IDBI Bank quit

Karpe and Ravi cease to be independent directors of IDBI Bank with effect from May 11 and May 12 respectively.

15 May 2018 1:52 PM IST

South Indian Bank on Monday reported a jump of 51 per cent in net profit at Rs 114.10 crore for March quarter.

South Indian Bank Q4 net profit jumps 51 pc at Rs 114 crore

The bank's net profit during January-March, 2016-17 stood at Rs 75.54 crore.

14 May 2018 4:13 PM IST

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.

Union Bank of India sees improvement after USD 384 million loss

Twenty one banks majority owned by New Delhi account for bulk of India's bad loans.

11 May 2018 12:04 PM IST

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

NPA write-offs by public sector banks surge 140 pc over their losses

The recent tight prudential norms released by RBI on February 12 have added to the NPA woes.

15 Jun 2018 5:15 PM IST

State Bank of India

SBI to auction 12 bad accounts this month to recover over Rs 1325 cr

The lender's gross non-performing assets or bad loans as on March 31, 2018, reached Rs 2.23 lakh crore.

10 Jun 2018 12:58 PM IST

The bank has a market capitalisation of nearly Rs 23,000 crore while its real estate assets as well as its investment portfolio are estimated to be worth over Rs 20,000 crore.

LIC may enter banking sector; eyes majority stake in IDBI Bank

The deal is expected to provide business synergies despite the lender's stressed balance sheet.

27 Jun 2018 1:06 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

PSBs set 2020 as deadline to exit RBI's PCA watch

Top officials of the banks made presentations before the panel and responded to queries.

27 Jun 2018 3:13 AM IST