Showing of 0 - 10 from 53 results
Psbs - Total results - 53
May 26, 2017
Finance Minister Arun Jaitley to take stock of NPAs at review meet on 12 JuneNon-performing assets (NPAs) of public sector banks (PSBs) have gone past the Rs 6 lakh crore mark
May 22, 2017
RBI likely to announce guidelines to NPA ordinance within a fortnightBanks have been reluctant to resolve NPAs through settlement schemes or sell bad loans with hair cut to asset reconstruction companies for fear of 3Cs -- CBI, CAG and CVC.
May 19, 2017
SBI Q4 result is a silver lining for state-run banks, but it doesn’t mean all is wellAn excellent case study for the Modi-government to find out what is wrong with the sarakri banks that private lenders have cracked
May 10, 2017
NPA ordinance: Letting RBI fight NPA battle is no solution; privatise weak PSBs before time runs outIf the Narendra Modi-government is serious in its intent to save ailing state-run banks, it should look for radical reform steps to save the banks and initiate the privatisation process without delay.
May 08, 2017
Govt will bring down their stake in PSBs to 52% after their health improves: Arun JaitleyThis fiscal, the government has budgeted Rs 10,000 crore of capital infusion in public sector banks
May 04, 2017
Sensex holds firm above 30,000, up 176 pts; ICICI Bank soars 9% on strong Q4 showBroader market was positive with 1,445 stocks advancing against 1,071 scrips declining on BSE
Mar 23, 2017
RBI puts four public sector banks under watch on asset quality concernsThese banks have been advised by both the Finance Ministry and the RBI to improve their financials, look for avenues for capital infusion and create a self-sustaining model by selling assets, they added.
Mar 21, 2017
Vijay Mallya loan default: Banks recover just Rs 155 cr of Rs 8,191 cr outstanding so farBanks had reported Rs 8,191 crore as loan outstanding against Mallya as on December 31, 2016, Minister of State for Finance Santosh Kumar Gangwar said in a written reply in the Rajya Sabha.
Feb 28, 2017
Bank strike: Why there’ll be no real winners in trade unions’ fight against banking reformsState-run banks continue to be the finest specimens of white elephants in the Indian banking sector. They wait for their turn with a begging bowl every year in front of North Block for survival money
Feb 27, 2017
Exclusive: Actual bad loans about Rs 20 trn; govt, RBI clueless, says ex-RBI deputy K C ChakrabartyFor the fiscal year ended March, 2016, Indian public sector bans wrote off Rs 59,547 crore, while in the three fiscal years prior to that (FY13, 14 and 15) banks had together written off Rs 1.14 lakh crore of loans