Latest News on Public sector bank
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Public sector bank - Total results - 259
Dec 15, 2017
Strengthening banks most important agenda for next year: Finance minister Arun JaitleyArun Jaitley said the government has already announced the detailed recap plans and the idea behind this move is to ensure that banks are able to support growth and their lending capacity more particularly to the MSME sector is enhanced
Dec 15, 2017
FRDI Bill: Deposit holders have always faced a certain level of risk, but that is how banking system worksOnly logical way to assess issue of deposits is to see if depositors are going to be worse off with FRDI Bill in picture.
Dec 14, 2017
Vijay Mallya $1.5 bn assets freeze order in UK courts until April 2018Vijay Mallya, who is undergoing an extradition trial in a UK court over Rs 9,000-crore fraud and money laundering charges, will face next year a parallel litigation brought by 13 Indian banks to freeze nearly $1.5 billion of his assets
Dec 12, 2017
Electoral bonds guidelines are ready; instruments to be bearer in nature, have 15 days validityThe guidelines for electoral bonds, announced in Budget 2017-18, are almost ready and some fine-tuning is being done by the finance ministry
Dec 11, 2017
FRDI Bill: Arun Jaitley alleys fears about bail-in provision, says govt will fully protect public depositsThe draft FRDI Bill empowers Resolution Corporation to cancel liability of a failing bank or convert nature of liability.
Dec 06, 2017
Rs 2.11 lakh crore recapitalisation package will also strengthen PSU banks' balance sheets: Urjit PatelIn October, govt announced Rs 2.11-trn recapitalisation or capital infusion into NPA-hit public sector banks over next two years
Dec 05, 2017
Vijay Mallya extradition case: Despite India's best efforts, chances of tycoon facing justice in India is virtually nilVijay Mallya's defence is built on a three-pronged argument that seeks to tap into India's past record in extradition cases, structural lacunas and gaps in prosecution's arguments
Dec 04, 2017
Public sector banks write off Rs 55,356 cr loans in April-Sep as they speed up loan recovery processOver the past decade, PSU banks had written off Rs 2,28,253 crore in nine years
Nov 29, 2017
Rs 1.35 lakh cr bank recapitalisation bonds: FinMin giving final touches to framework, FM nod likely soonLast month, Finance Minister Arun Jaitley had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen public sector banks (PSBs). The plan included re-capitalisation bonds of Rs 1.35 lakh crore.
Nov 21, 2017
Bank NPA trend in 7 charts: Bad loans at state-run banks may be peaking; select private peers see rise21 public sector banks saw their bad loans remaining flat at Rs 7.33 lakh crore during July-September compared with the previous quarter