Home » public sector banks

You Searched For "public sector banks"

Arun Jaitley said, the reservation formula for the Patel community is legally and constitutionally untenable. (Photo: PTI)

Govt seeks Parliament nod for Rs 80,000 cr PSBs recapitalisation

NPAs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.

4 Jan 2018 3:19 PM IST

The Enforcement Directorate has carried out massive raids in 50 branches of 10 banks across the nation. (Photo: PTI/Representational)

Higher NPA provisioning to impact banks in 2018/19: Moody's

Govt in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks.

4 Jan 2018 2:23 PM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Govt to infuse Rs 7,577 crore in 6 weak PSU banks

Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen PSBs.

3 Jan 2018 4:56 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 asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

1 Jan 2018 2:33 PM 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)

PSBs' probing NPAs of over Rs 50 crore to cleanse the system: Ficci

PSBs should strengthen their risk management practices with an immediate sense of urgency.

28 Feb 2018 4:07 PM IST

India has been the worlds fastest growing major economy over the past two years.

India growth has slowed due to structural economic reforms: US

RBI predicts that gross NPLs as a proportion of all loans will increase to 10.8 per cent in first quarter of 2018.

22 Feb 2018 1:46 PM IST

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

SBI to issue shares to govt for Rs 8,800 cr capital infusion

SBI will issue 29,25,33,741 shares on a preferential basis to government at price of Rs 300.82 per share.

17 Feb 2018 10:23 AM IST

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

Public sector banks report Rs 19,000 crore loss

The total losses reported by 16 public sector banks amount to Rs 18,947 crore.

15 Feb 2018 2:14 AM IST

Shiv Sena and MNS have always stressed on the of use Marathi as a official language in all central government offices, nationalised banks, railways, airport, etc.

Lead by PSBs, NPAs soar 34.5 pc in Q3; pain to linger on: report

PSBs had a weaker performance on various indicators, including key parameter of NPAs and also profitability.

13 Feb 2018 5:26 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI's new norms to speed up resolution of stressed assets

Gross NPAs of public sector and private sector banks as on Sept 30, 2017 were Rs 7,33,974 cr, Rs 1,02,808 cr...

13 Feb 2018 4:33 PM IST

Centre could look at creating a scaffolding by distancing itself from management of banks through the creation of a Bank Holding Company which could assume the entire government stake in banks.

Potential stressed asset accounts on decline: report

For public banks, overall SMA book has declined to 5.3 per cent of loans in second quarter of 2017-18.

12 Feb 2018 2:35 PM IST

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

SBI wrote off bad loans worth over Rs 20,000 cr last fiscal

PSBs are faced with mounting NPAs or bad loans, putting the financial sector under stress.

12 Feb 2018 12:01 PM IST