Latest News on State Owned Banks
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State Owned Banks - Total results - 6
Jan 31, 2019
Bank of India, Bank of Maharashtra taken off of RBI's corrective action list as asset quality, capital ratios improveThe source, who asked not to be named as the discussions are private, said the move follows improvements in the asset quality and capital ratios of both banks.
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
May 10, 2018
Bad loans mess: Forensic audits at PSBs are a good start, but structural reforms are the need of the hourForensic audits of PSB loan accounts will be useful only if learnings are used to frame better policies and implement substantial structural reforms.
Dec 07, 2017
Kingfisher loan case: Banks made a mistake by not accepting Vijay Mallya’s settlement offer, says former SBI executiveLenders have intensified their legal battle with Vijay Mallya after the liquor baron left the country in March, 2016
Jun 18, 2016
Raghuram Rajan to exit as RBI Governor: No country for good menIndia will have to get a new RBI Governor from 4 September, when Rajan will return to Chicago University to resume as a tenured professor
Aug 28, 2013
RBI wants govt to dilute ownership in state banksThe report also reiterated its preference for foreign banks to establish subsidiaries in India, in a move that is aimed at ring-fencing their local operations from the overseas parents and bring them at par with Indian banks in terms of regulations.