Latest News on Public Sector Lender
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Jan 23, 2019
Vijaya Bank third quarter net profit surges 80% to Rs 143 cr; gross NPAs decline marginally to 6.14%Total income of Vijaya Bank also rose to Rs 4,106.42 crore during the period, compared with Rs 3,450.81 crore a year ago, Vijaya Bank said in a regulatory filing.
Jul 04, 2018
LIC-IDBI Bank deal: Insurer's proposed 51 percent stake buy may not require Parliament's approvalSince it is going to be a financial deal as per the LIC Act, the legislation would not require amendment, sources said
May 14, 2018
After Dena Bank, RBI may put restrictions on 2 more lenders under PCA; 11 banks so far on watchlistOne or two more banks may face PCA like Dena Bank if their quarterly numbers indicate further erosion of capital and unabated rise in net NPAs, a senior official of a public sector bank said.