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Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Banks face $65 bn capital shortage to meet Basel III norms: Fitch

Weak capital positions have a major negative influence on Indian banks' Viability Ratings.

12 Sept 2017 2:52 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Banks need $65 bn additional capital to meet Basel III norms: Fitch

Gross non-performing loan ratio reached 9.7 per cent in 2016-17, up from 7.8 per cent in 2015-16.

12 Sept 2017 2:51 PM IST

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Rajan says govt could sell some assets to fund ailing PSU banks

RBI have been trying to ease the burden on state-run lenders, which account for 70 per cent of all lending.

9 Sept 2017 3:55 PM IST

Biggest challenge is to clean up balance sheets of PSBs: Rajan

RBI issued lot of things to increase competition in the banking sector which include giving 23 bank licences, adds...

6 Sept 2017 11:21 AM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Finance Ministry writes to heads of PSU banks on consolidation

The government has exempted mergers of nationalised banks from seeking fair trade watchdog CCI's approval.

3 Sept 2017 1:38 PM IST

Indian banks on top of situation over NPA problem: SBI Chairman

Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.

29 Oct 2018 11:57 AM IST

Punjab National Bank (PNB)will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any governments assistance, its managing director Sunil Mehta said.

Amalgamation not on cards; focus on internal consolidation: PNB MD

Post-merger, the asset size of the new entity would be over Rs 14.5 lakh crore.

7 Oct 2018 12:09 PM IST

Union finance ministry Arun Jaitley

Jaitley defends loan write-offs; says they don't lead to waiver

The country's 21 state-owned banks wrote-off Rs 3.16 lakh crore of loans in four years of the BJP govt.

2 Oct 2018 9:16 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

No additional recapitalisation in PSBs beyond Rs 65,000 crore in FY19

The government has already infused about Rs 82,000 crore through bonds.

28 Nov 2018 10:47 AM IST

RBI governor Urjit Patel

RBI Governor Urjit Patel appears before parliamentary panel

RBI Governor appeared to brief on demonetisation and NPA situation in the public sector banks.

27 Nov 2018 2:23 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry hopeful about public sector banks

Of the 21 state-owned banks, 11 are under the PCA framework, which imposes lending and other restrictions on weak...

26 Nov 2018 7:38 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Final round of capital infusion in Dec to help banks lend more

Banks, which have been part of recent mergers, will also receive capital from the govt

21 Nov 2018 11:24 AM IST