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Govt to infuse about Rs 5,000 crore in PSU banks this quarter

Feb 03, 2016

Govt to infuse about Rs 5,000 crore in PSU banks this quarter

Government will infuse about Rs 5,000 crore capital in the public sector banks in the current fiscal to strengthen balancesheet. #SBI #ANDHRA BANK #PSU banks #DBT #Indradhanush #PSBs #Ajuly Chib Duggal
Budget 2016: Govt may further hike excise on petrol, diesel before Budget

Jan 22, 2016

Budget 2016: Govt may further hike excise on petrol, diesel before Budget

The government is looking at one more hike in excise duty on petrol and diesel before the Budget next month so as to raise revenue and stick to the fiscal deficit target for 2015-16. #oil #Petrol #fiscal deficit #Diesel #PSU #excise duty #Union Budget 2016 #Budget & Economy
Post odd-even: India to skip Bharat Stage-V, to implement Stage-VI emission norms from 2020

Jan 15, 2016

Post odd-even: India to skip Bharat Stage-V, to implement Stage-VI emission norms from 2020

In a major — and perhaps the boldest so far — step to curb vehicular pollution, India is moving directly from Euro IV emission norms for petrol and diesel to Euro VI standards and the oil PSUs plans to invest Rs 28,750 crore for the transition. #NewsTracker #Euro #PSU #emission #BS VI #Bharat Stage
No interviews for govt jobs from Jan 1, skill test may continue: DoPT

Dec 30, 2015

No interviews for govt jobs from Jan 1, skill test may continue: DoPT

All central government ministries and their Public Sector Undertakings (PSUs) were today told to dispense with the requirement of interviews for selections at junior level posts within next two days, however, they may continue with skill or physical test. #NewsTracker #Interview #PSU #SkillTest
Good news at last: Moody's raises outlook for Indian banks to stable, sees NPAs falling

Nov 02, 2015

Good news at last: Moody's raises outlook for Indian banks to stable, sees NPAs falling

The stable outlook on India's banking system over the next 12-18 months reflects Moody's expectations that the banks' gradually improving operating environment will result in a slower pace of additions to loans problem #Monetary policy #PSU banks #non performing loans #Moody's Investor Service #stable outlook #India's banking system #operating environment
Nationwide strike hits normal life, coal output; over 1000 arrested as violence hits WB

Sep 02, 2015

Nationwide strike hits normal life, coal output; over 1000 arrested as violence hits WB

A day-long nationwide strike on Wednesday impacted normal life in various parts of the country with coal production, banking operations and transport services being hit the most #NewsTracker #PSU banks #Banking sector #Trade union strike #India #Coall India
Some PSU banks are dead ducks: Modi has to rethink his aversion to the P-word

Aug 22, 2015

Some PSU banks are dead ducks: Modi has to rethink his aversion to the P-word

Competition is set to intensify for public sector banks, and some of them will be dead ducks unless the Modi government either privatises or downsizes them to become narrow banks #Narendra Modi #SBI #NPAs #PSU banks #bad loans #Privitisation #Payment Banks
It is a big deal. Why payment banks will change the banking game for you and me

Aug 20, 2015

It is a big deal. Why payment banks will change the banking game for you and me

When the big boys - from Reliance to Birlas to Mahindras to the big telcos like Airtel and Vodafone - enter the picture, surely it is a big deal. Yes, payment banking will revolutionise Indian banking #RBI #Vodafone #ICICI Bank #SBI #Reliance #Axis Bank #HDFC Bank #Raghuram Rajan #Airtel #PSU banks #Jan Dhan #Small banks #Payment Banks
Sensex takes 189 pts plunge on weak Asia, sliding rupee; PSU banks put up strong show

Aug 17, 2015

Sensex takes 189 pts plunge on weak Asia, sliding rupee; PSU banks put up strong show

Despite the sharp slide, market breadth ended marginally higher with 1,440 stocks advancing against 1,425 declines on BSE. #Sensex #S&P #nifty #BSE #MarketClose #PSU banks #Bank Recapitalisation #CNX #Asian gauges #mid-cap shares #Chinese indices