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Finance Minister Arun Jaitley (Photo: AP)

Finance ministry asks PSBs to submit fund-raising plan in a month

This will help in better utilisation of the money that the government will provide to them under the bank...

15 Nov 2017 10:30 AM

Manufacturing sector grew by 8.3 per cent in October-December against 6.9 per cent in the previous quarter when there was no note ban.

Ex-RBI Governor Y V Reddy terms bank recap plan 'critical'

In the last week of October, Jaitley had announced an unprecedented PSU banks recapitalisation program of Rs 2.11 lakh...

4 Nov 2017 9:47 AM

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

SBI expects to pick up major portion of govt's bank recap plan

Last month, the government proposed a Rs 2.11 lakh crore public sector bank recapitalisation plan.

3 Nov 2017 11:42 AM