Home » banking sector.

You Searched For "banking sector"

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI issues corrective framework for PSBs

RBI has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks.

17 March 2018 1:14 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt keeps small savings interest rates unchanged

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.3 per cent.

29 March 2018 12:54 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

PE investments hit all-time high of USD 21 bn in 2017: report

The top four IPOs, all in the insurance sector, accounted for 55 per cent of overall IPO equity raised.

28 March 2018 11:30 AM IST

Sensex climbed 122 points to finish the day on high

Bank stocks in focus; gain 5.5 per cent

In the broader market, the BSE benchmark index ended at 33,174.39, up 107.98 points.

27 March 2018 5:57 PM IST

The agency had retained its negative outlook on mid-sized and smaller PSBs with weak capitalisation.

ASSOCHAM pitches for privatisation of PSBs

Government can use both PSU and private sector banks as the agents of change.

27 March 2018 1:24 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

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

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

Important for India to address banking crisis to support investment:...

Indian banks have made progress in addressing stock of NPAs and were taking further measures to deal with flow problem.

8 Jun 2018 9:59 AM 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

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC board to meet tomorrow to decide IDBI Bank stake hike plan

LIC is in the process of picking up additional 7 per cent stake in IDBI Bank through preference shares.

3 Sept 2018 11:57 AM IST

Railway Minister Piyush Goyal.

UPA govt gave loans blindly, weakened banking sector: Piyush Goyal

The bank losses increased from Rs 18,000 crore to Rs 53,000 crore in UPA years, Piyush Goyal alleged.

13 Sept 2018 11:54 AM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

NPAs rise, Jaitley to meet bank bosses to review scenario

26 banks together both private and public reporting gross NPAs of over Rs 7.31lakh crore.

12 Sept 2018 8:54 AM IST