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PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

Aug 01, 2015

PSBs to get Rs 70000 cr: A good start, but Jaitley should move to plug the leaking pot

The Rs70,000 crore infusion certainly offers a breathing space for PSBs to clean up their balance sheets #Economic growth #public sector banks #NPAs #Bank Recapitalisation
In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

Aug 01, 2015

In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4 years

While there will be relief at the moves to recapitalise India's banks, there would be some disappointment that the capital infusion was not bigger #SBI #fiscal deficit #Canara Bank #public sector banks #BoB #PNB #Jayant Sinha #Finance Minister Arun Jaitley #Bank Recapitalisation #crude oil price
Capital infusion of Rs 25,000 cr a good beginning, says Rajan

Jul 31, 2015

Capital infusion of Rs 25,000 cr a good beginning, says Rajan

Another Rs 5,000 crore will be provided in subsequent supplementary demand through the year totaling Rs 25,000 crore of capital infusion. #Economy #NewsTracker #Arun Jaitley #Raghuram Rajan #public sector banks
Public sector banks to raise Rs 1.10 lakh cr from markets in next four years

Jul 31, 2015

Public sector banks to raise Rs 1.10 lakh cr from markets in next four years

Earlier in the day, Finance Minister Arun Jaitley had sought Parliament nod for additional capital infusion of Rs 12,010 crore in public sector banks. #Economy #finance ministry #NewsTracker #Arun Jaitley #NPA #public sector banks #capital infusion #Hasmukh Adhia
Hidden NPAs bigger threat than declared ones; kudos to Rajan for calling a spade a spade

Jul 29, 2015

Hidden NPAs bigger threat than declared ones; kudos to Rajan for calling a spade a spade

The practice of covering up bad loans has come down after Rajan took away the leeway to push bad loans into restructured basket. Banks are now more cautious #Raghuram Rajan #public sector banks #bad loans #Loan Restructuring #Bank NPAs
IAS couple create app to locate public toilets near you

Jul 27, 2015

IAS couple create app to locate public toilets near you

An IAS couple from Punjab have pioneered a Swachh Bharat Toilet Locator app that provides information on the nearest public toilets where users can upload feedback as well. #Narendra Modi #didyouknow #IAS #Modi #app #public toilets #Toilet #Kumbh Mela #Swachh Bharat Abhiyaan #Shareworthy #Vipul Ujwal #Sonali Giri #Swachh Bharat Toilet Locator
PFC stake sale fully subscribed, govt may get Rs 1,600 cr

Jul 27, 2015

PFC stake sale fully subscribed, govt may get Rs 1,600 cr

PFC is the second public sector enterprise to be divested in the current fiscal under the government's disinvestment programme. #Disinvestment #SEBI #Power Finance Corporation #StockWatch #Public Sector enterprise #OFS
Improved asset quality boosts Andhra Bank's Q1 net by 89% to Rs 202.52 crore

Jul 25, 2015

Improved asset quality boosts Andhra Bank's Q1 net by 89% to Rs 202.52 crore

Bank's gross NPA stood at 5.75 percent for quarter ended June 30, 2015 compared with gross NPA of 5.98 per cent a year ago #public sector bank #net profit #ANDHRA BANK #Gross NPA #Net NPA #Total income
Install CCTVs in prisons, SC tells centre, states

Jul 24, 2015

Install CCTVs in prisons, SC tells centre, states

SC directed the central government and all the states to install CCTV cameras in all prisons across the country and take a call on installing them in police lock-ups, if there are incidents. #NewsTracker #Supreme Court #Public Interest Litigation #State Human Rights Commission #Indian prisons
HDFC Bank earnings: What public banks (and Jaitley) should learn from private peers

Jul 21, 2015

HDFC Bank earnings: What public banks (and Jaitley) should learn from private peers

It would be useful for the government to plug the holes while doing it math on bank recapitalization, so that the taxpayers money is spent wisely #Arun Jaitley #HDFC Bank #public sector banks #Earnings #Bank Recapitalisation