Public sector banks
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Public sector banks - Total results - 224
Jul 25, 2017
10 public sector banks have submitted turnaround plans, says govtQuarterly performance of these banks would be monitored by SBI Capital Markets
Jul 20, 2017
ONGC's HPCL acquisition: Narendra Modi govt’s aggressive divestment drive is a winner for economyThe government has to take the lead and pump in huge sums into big infrastructure projects. Only this can bring the economy out of the woods. An aggressive disinvestment strategy is critical in this context.
Jul 19, 2017
Finance ministry working on capital infusion in PSU banks, to be announced soonThe list of beneficiary will be announced soon and the capital infusion in the banks will take place in tranches as it happened last fiscal
Jun 30, 2017
Employees of national banks threatens strike on 22 August over mergers, non-performing assetsEmployees of public sector banks have threatened to go on a day long nation-wide strike on 22 August against the government proposal to merge state-owned lenders
Jun 29, 2017
Forget 7th Pay Commission allowance, decision on Air India sale is the real good news; here's whyAir India stake sale approval is a great news for the economy, provided the government follows up with strong actions before it enters its last year
Jun 22, 2017
RBI to banks: Resolve 55 bad loan accounts in 6 months or go for insolvency procedureEarlier this month, Reserve Bank of India 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 20, 2017
Banks chart out plan for 12 large NPA accounts, Lanco Infratech first to be bookedBankers met to discuss accounts such as Amtek Auto, Bhushan Steel and Essar Steel, among others
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
Finmin asks PSBs to explore acquisition of smaller banksA clear picture would emerge only after the Niti Aayog report sets the tone and tenure of the roadmap for the second round of consolidation in the banking sector.
Jun 14, 2017
12 big loan defaulters identified by RBI to be named soon: Finance ministry"You have got 12 cases that have been identified, the names will be shortly announced, and they account for as much as 25 percent of the bad assets," Finance Ministry's Principal Economic Advisor Sanjeev Sanyal said