State Run-banks

Showing 1 of 18 from 18 results
State Run-banks - Total results - 18
Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBI
Business

Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBI

GNPAs of state-run lenders improved to 14.8 percent in September 2018 from 15.2 percent in March 2018, the report said.

Second strike in a week cripples banking services across nation; cheques worth Rs 2 lakh crore held up in three states alone
Business

Second strike in a week cripples banking services across nation; cheques worth Rs 2 lakh crore held up in three states alone

In Maharashtra, Goa and Gujarat alone, cheques worth Rs 2 lakh crore were held up during the strike, a union official claimed.

Root cause of NPAs is mega PSB loans: With funds distributed in dollops, reforms to sanctions will bode well for the sector
Business

Root cause of NPAs is mega PSB loans: With funds distributed in dollops, reforms to sanctions will bode well for the sector

Bank loans are not meant for big ticket borrowers and the government should shut the PSB doors to loans to big industrial houses.

Bad loans mess: Forensic audits at PSBs are a good start, but structural reforms are the need of the hour
Business

Bad loans mess: Forensic audits at PSBs are a good start, but structural reforms are the need of the hour

Forensic audits of PSB loan accounts will be useful only if learnings are used to frame better policies and implement substantial structural reforms.

Rs 2.11 lakh crore recapitalisation package will also strengthen PSU banks' balance sheets: Urjit Patel
Business

Rs 2.11 lakh crore recapitalisation package will also strengthen PSU banks' balance sheets: Urjit Patel

In October, govt announced Rs 2.11-trn recapitalisation or capital infusion into NPA-hit public sector banks over next two years

India to focus reforms on tax, banks, infrastructure to spur growth: Arun Jaitley
Business

India to focus reforms on tax, banks, infrastructure to spur growth: Arun Jaitley

Jaitley said the new GST, once implemented, would have a "transformational" impact by creating a common market in India for the first time

As Raghuram Rajan prepares to step down, RBI governor urges PSU banks to clean up bad debts
Business

As Raghuram Rajan prepares to step down, RBI governor urges PSU banks to clean up bad debts

Rajan defended the actions taken by the central bank, including ordering state-run banks to conduct comprehensive asset quality reviews of their balance sheets

Solving India's NPA crisis: The technology way
Biztech

Solving India's NPA crisis: The technology way

Total NPAs, as a percentage of the total loans, has grown from 2.11 per cent to 5.08 percent.

As Mallya await DBT orders today, liquor baron says in one-time settlement talks with banks
Business

As Mallya await DBT orders today, liquor baron says in one-time settlement talks with banks

Banks have recovered an aggregate Rs 2,494 crore ($371.98 million), Mallya said

Explained in 5 charts: How Indian banks' big NPA problem evolved over years
Business

Explained in 5 charts: How Indian banks' big NPA problem evolved over years

For years, Indian lenders, especially state-run banks, were engaged in volume game to balloon their balance sheets and appease their promoter (the government).

Mergers within commercial banks should be focused and strategic: RBI deputy governor
Business

Mergers within commercial banks should be focused and strategic: RBI deputy governor

S S Mundra, speaking at a business school in Mumbai, warned that merging a weak bank with a strong bank might weaken the stronger lender

SBI's Rs 15,000 cr share sale: Other public banks too should make hay while market shines
Business

SBI's Rs 15,000 cr share sale: Other public banks too should make hay while market shines

This is a wake up call for other state-run banks too to begin tapping the fresh investor appetite before the market gets crowded by a series of similar issues

Reading tea leaves from Union Bank results: Stress on state-run banks continues
Business

Reading tea leaves from Union Bank results: Stress on state-run banks continues

Union Bank’s numbers are in contrast to its private peers which have witnessed an improvement in NPA situation

Budget 2015: State-run banks desperately need capital; will FM get solution right?
Business

Budget 2015: State-run banks desperately need capital; will FM get solution right?

Beyond the pacifying words on autonomy and support at the Gyan Sangam, Jaitley will have to bring himself some concrete roadmap in the budget

State-run banks' NPAs in line now, but pressure seen
Business

State-run banks' NPAs in line now, but pressure seen

Public sector banks are witnessing an increase in their non-performing assets (NPA), a look at the earnings announced thus far indicates.

Working for a foreign bank in India? You won't like this
Business

Working for a foreign bank in India? You won't like this

Citigroup, HSBC, Bank of America Merrill Lynch and Barclays are slashing jobs in their Indian operations at the fastest pace since the 2008 global credit crisis amid slowing operations.