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Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

Rs 3 tln of capital infusion only helped PSBs trim losses, not drive...

The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing...

9 Aug 2019 9:14 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

FinMin to hold review meeting with public sector banks today

The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility.

19 Sept 2019 8:50 AM IST

Shaktikanta Das

Banking sector on -"course to recovery-" as NPAs recede: RBI

According to the FSR, gross NPAs ratio declined to 10.8 per cent in September 2018 from 11.5 per cent in March 2018.

31 Dec 2018 6:02 PM IST

Reduction of NPAs in individual PSBs range from about Rs 500 crore to over Rs 10,000 crore.

Bhushan Steel's buyout to reduce PSB NPAs by Rs 35,000 cr

Bhushan Steel was among the 12 stressed assets the Reserve Bank of India had referred to NCLT proceedings last year.

21 May 2018 10:45 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI audit reveals NPA divergence of Rs 45,600 cr in PSBs

SBI had reported a net loss of Rs 3,969.2 crore in the fourth quarter of last fiscal compared to Rs 1,045.5 crore.

30 May 2018 8:51 AM IST

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

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI seeks more powers to ably regulate PSBs

The total NPAs of all banks (including private) were Rs 8.99 lakh crore.

13 Jun 2018 8:41 AM IST

State-owned and private plants generated the power.

Meeting on power sectors' stressed assets in pipeline: sources

Finance and Power ministries will work together to ensure adequate power supply.

12 Jun 2018 10:28 AM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

Recap plan won't boost credit growth: Moody's

The discovery of Rs 14,400 crore of fraudulent transactions at PNB has substantially increased the capital needs of that...

8 Jun 2018 1:48 AM IST

The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.

Banks gross NPA may peak at around 11.5 pc this fiscal: Crisil

GNPAs increased to around Rs 10.3 lakh crore, or 11.2 per cent of advances compared with Rs 8 lakh crore.

5 Jun 2018 3:52 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB to seek Rs 5,431 crore capital infusion from govt

The government in July decided to infuse Rs 11,336 crore in five state-owned lenders including PNB.

26 Sept 2018 4:39 PM IST

Three million women-owned businesses in India employ over eight million people.

Yes Bank gets USD 150 mn from OPIC to fund SME lending

Agreement with OPIC further strengthens YES Bank's ability to fund and support the unique needs of SMEs.

14 July 2017 2:09 PM IST