Home » public sector banks

You Searched For "public sector banks"

Finance Minister Arun Jaitley. (Photo: PTI)

Resolution of NPAs is still work in progress: Jaitley

High NPA levels also impact the capacity of the banking system to support growth.

1 Jun 2017 3:28 PM IST

Vinod Rai was the 11th Comptroller and Auditor General of India. (Photo: AFP)

Rs 10,000 crore was enough for banks' recap: Vinod Rai

Banks Board Bureau chief govt may also go for rights issue to inject more money into ailing banking sector.

16 Feb 2017 5:38 PM IST

Bank of Maharashtras former Pune zonal head violated norms while sanctioning loans to the company.

Govt to push ahead with banking reforms in New Year

Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.

28 Dec 2017 11:15 AM IST

Finance minister Arun Jaitley

Govt gives green signal to PSU bank merger

Finance Minister Arun Jaitley said the government is examining the possibility of consolidating some PSU banks.

6 Jun 2017 10:31 AM IST

RBI governor Urjit Patel

RBI revises PCA rules to tackle Rs 6 lakh crore bad loans

Central bank issues new set of enabling provisions under label of revised prompt corrective action framework.

14 April 2017 11:53 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Govt to help banks resolve Rs 6 lakh cr bad loans

Govt may bring in amendment in Banking Regulation Act or issue an ordinance to empower RBI.

4 April 2017 2:30 PM IST

The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

NPA resolution: PMO to review progress on June 19

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of PSBs.

17 Jun 2017 12:47 PM IST

'Essar, Bhushan Steel among 12 defaulters on insolvency list'

RBI identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 cr of outstanding loans..

17 Jun 2017 12:31 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Finance Ministry to name 12 loan defaulters identified by RBI

The Finance Ministry further said that NCLT was being strengthened to fast track bankruptcy proceedings.

14 Jun 2017 7:56 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Bank stocks rise by 7.7% due to RBI's bad loan identification

The central bank identified 12 accounts for insolvency proceedings with each having over Rs 5,000 crore of outstanding...

14 Jun 2017 6:19 PM IST

Finance Minister Arun Jaitley (Photo: AP)

No need to create fear over FRDI Bill, says Arun Jaitley

The bill is currently undergoing scrutiny by a joint parliamentary committee.

22 Dec 2017 6:13 AM IST

Finance minister Arun Jaitley

Jaitley reviews NPA scenario with top bankers

Public sector banks made a stable operating profit of Rs 1.5 lakh crore in 2016-17.

12 Jun 2017 1:59 PM IST