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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.

Finmin expects 3-4 more banks to come out of RBI's PCA framework this...

Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.

24 Feb 2019 3:16 PM IST

Moodys is a global rating agency

Despite massive capital infusion, full turnaround is still away for...

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and...

21 Feb 2019 5:51 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.

12 PSU banks receive Rs 48,239 crore from government

Rs 4,638 crore and Rs 205 crore will be provided to Bank of India and Bank of Maharashtra.

21 Feb 2019 1:47 AM IST

Total income, however, rose to Rs 5,322.33 crore for the third quarter of 2018-19 as against Rs 5,093.43 crore in same period last year: Andhra Bank.

Govt announces Rs 48,239 cr recapitalisation plan for 12 PSBs

The government will pump in Rs 12,535 crore in four other banks under PCA.

20 Feb 2019 5:38 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 additional sale on Feb 14, govt to raise at least Rs...

The government has so far raised Rs 22,900 crore through the Bharat-22 ETF.

12 Feb 2019 12:33 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Other banks to be out of PCA framework soon: Piyush Goyal

The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

2 Feb 2019 10:28 AM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Five PSU lenders get capital infusion of Rs 21,428 cr from govt

Capital infusion will help the bank to shore up its capital adequacy requirements and enable the bank to build a robust...

29 March 2019 8:56 AM IST

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India's second biggest state-run bank on its knees.

22 March 2019 1:06 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 March 2019 10:27 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

BBB identifies 75 senior officers for leadership roles in PSBs

It has made a case for giving a complete autonomy to banks to decide organisational structure for better efficiency.

19 April 2019 6:25 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Banks Board Bureau identifies 75 senior officers for leadership roles...

Bureau was assigned with the task of recommending personnel for appointment as directors in govt-owned insurance...

19 April 2019 11:06 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

India needs to bolster level of capitalisation of government-owned...

The level of non-performing loans (NPLs) in India remains high.

11 April 2019 10:21 AM IST