Latest News on Psb
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Psb - Total results - 19
Sep 20, 2018
The Great Indian NPA Mess: Banks, govt and industrialists worked together to kick bad loans can down the roadWe now have one big problem which the Narendra Modi government is trying to postpone further by merging different public sector banks. The trouble is bringing two rotten eggs together is only going to lead to another rotten egg
Sep 18, 2018
Bank of Baroda, Dena, Vijaya merger: How NPA-ridden Dena Bank just got an unofficial bailout packageThe Narendra Modi government's decision to merge three State-run banks — Bank of Baroda, Vijaya Bank and Dena Bank — isn't an unexpected one, given that this consolidation is an idea that has been discussed for a long time
Jul 28, 2018
ICICI Bank posts loss of Rs 120 cr in Q1: Why lender's April-June quarter numbers remind one an old PSB trickICICI Bank has ignored the short-term pain in its P&L to put the balance sheet in order. This should help improve the health of the lender in the long-term
Jun 11, 2018
NPA crisis: Bad bank would work at cross purposes with the nascent but arguably more effective IBCHow can creation of an official asset reconstruction company make a dent into the problem of NPA especially when we have Insolvency and Bankruptcy Code 2015 already seized of the problem.
Apr 16, 2018
Unravelling PNB Rot Part 2: Secret trip by Indian bankers to Hong Kong to cover up scam under scannerA large chunk of buyer’s credit was raised by PNB's Mumbai branch to various government-owned banks in Hong Kong to facilitate companies owned by the diamantaires.
Mar 15, 2018
Urjit Patel blames bank for not playing by rules; says RBI has weaker regulatory powers over PSBsGovernor Patel added that RBI data on banking frauds suggests that only a handful of cases over the past five years have had closure,
Feb 22, 2018
Rs 11,400 crore PNB fraud: Why privatisation is not the panacea for state-run banks' illsPrivatisation further means a change of management which does not lead either to a change in the people down the line or the systems or operating practices.
May 22, 2017
Bank NPA crisis: Narendra Modi needs to do a real ‘surgical strike’ on bad loans, not random shotsNow that March-deadline for the RBI has passed, have banks reported all of their NPAs keeping to the central bank deadline?
May 10, 2017
BJP urges RBI to launch probe into public sector bank loans to Munnar resortsBJP in Kerala on Wednesday urged RBI to initiate an inquiry into the loans allegedly given by some public sector banks to some resorts in tourist town of Munnar, flouting all banking norms.
Feb 08, 2015
Government to infuse Rs 6,990 cr in 9 public banks this yearThe government has decided to infuse Rs.6,990 crore in nine public banks out of the current year's budget, for which orders are being issued,