Latest News on Psbs
Showing of 0 - 10 from 60 results
Psbs - Total results - 60
Jul 28, 2017
CAG raises doubts over public sector banks' ability to raise funds from marketGovt has infused capital of Rs 1,18,724 crore from 2008-09 to 2016-17 in the PSBs for meeting their capital adequacy requirements
Jul 17, 2017
Number of public sector banks may go down to 12 as govt mulls consolidationAs part of a three-tier structure,there would be at least 3-4 banks of the size of SBI, the country's largest lender.
Jul 17, 2017
NPA battle: RBI likely to start insolvency proceedings vs Rs 8 lakh cr bad loans by March 2019It is no secret that NPAs are a big drain on the financial health of banks especially public sector banks (PSBs).
Jul 05, 2017
NPA resolution: Essar Steel moves high court against insolvency proceedingsClamping down on bad loans, the RBI had last month identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 crore of outstanding loans, accounting for 25 percent of total NPAs of banks.
Jun 26, 2017
SBI's Arundhati Bhattacharya gets paid Rs 29 lakhs while private sector CEOs earn in croresFormer RBI governor Raghuram Rajan had said state-owned banks tended to overpay at the bottom but underpay their top executives.
Jun 19, 2017
NPA resolution: Prime Minister's Office takes stock of progressPrime Minister's additional secretary P K Mishra had a review meeting on resolution of non-performing assets (NPAs) or bad loans which have reached unacceptably high level, sources said.
Jun 19, 2017
NPA problem: Bankers meet begins today, to decide on large loan defaultersThe first set of six troubled accounts are Bhushan Steel (Rs 44,478 cr), Essar Steel (Rs 37,284 cr), Bhusan Power and Steel (Rs 37,248 cr), Alok Industries (Rs 22,075 cr), Amtek Auto (Rs 14,074 cr) and Monnet Ispat (Rs 12,115 cr), a banker said.
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