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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.

PSBs need Rs 2.06 trillion capital for 8-9 pc credit growth in FY19

The recapitalisation amount from the government will go towards sustaining the banks.

8 Feb 2018 5:56 PM IST

State Bank of India, SBI, chairman Rajnish Kumar has replaced Arundhati Bhattacharya. (Photo: PTI)

Time not ripe for large scale privatisation of PSBs: SBI Chief

Privatisation of public sector banks (PSBs) given the current socio-economic conditions in the country.

19 April 2018 3:32 PM IST

The Finance Ministry may come out with a Rs 10,000-crore follow-on fund offer of the Bharat-22 exchange traded fund (ETF) as it looks to dilute stake in Coal India to meet the minimum public holding norm.

Bharat-22 ETF follow-on offer could be worth Rs 10,000 crore

It looks to dilute stake in Coal India to meet the minimum public holding norm.

17 April 2018 1:10 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 may get 180 days more

Poor valuations, over-burdened NCLT may prod govt to relax time limit.

17 April 2018 8:41 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.

Time ripe to nationalise private sector banks: Unions

There are serious charges of corruption and nepotism in sanction of loans.

13 April 2018 2:49 PM IST

The government last year relaxed FDI norms in over a dozen sectors

Plans of FDI hike in PSBs on hold now

Government considering raising the FDI limit to 49 per cent for some time now.

11 April 2018 9:01 AM IST

West Bengal CM Mamata Banerjee addresses during the special inaugural session of the 78th Indian History Congress in Kolkata. (Photo: PTI)

PSBs wrote off Rs 2.41 lakh Cr loans in over 3 yrs: Mamata Banerjee...

PSU banks wrote off Rs 2.41 lakh-crore loans in over 3 yrs, Government informed Parliament on Tuesday.

4 April 2018 11:53 AM IST

Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

PSBs wrote off Rs 2.41 lakh crore loans in over 3 years

The Rajya Sabha was informed on Tuesday.

3 April 2018 7:42 PM IST

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

RBI lists 240 new accounts for NPA tag

List of NPAs could be released in September quarter because a new bunch of NPAs are being reported.

31 July 2018 8:58 AM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Govt's capital infusion in 5 state-owned banks credit positive:...

The Rs 11,336-crore capital infusion is part of the Rs 65,000 crore that the govt propose to infuse into the 21 public...

25 July 2018 2:01 PM IST

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

RBI has broad powers to address banking issues'

Powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks.

25 July 2018 8:46 AM IST

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

Fund infusion may not help much, say bankers

Centre infused Rs 1.29 lakh crore as capital into the banking system.

20 July 2018 9:19 AM IST