Latest News on State Run Banks
Showing of 0 - 10 from 18 results
State Run Banks - Total results - 18
Dec 31, 2018
Asset quality of banks shows improvement; GNPAs decline to 10.8%, net NPAs 5.3% in September: RBIGNPAs of state-run lenders improved to 14.8 percent in September 2018 from 15.2 percent in March 2018, the report said.
Dec 26, 2018
Second strike in a week cripples banking services across nation; cheques worth Rs 2 lakh crore held up in three states aloneIn Maharashtra, Goa and Gujarat alone, cheques worth Rs 2 lakh crore were held up during the strike, a union official claimed.
Jul 04, 2018
Root cause of NPAs is mega PSB loans: With funds distributed in dollops, reforms to sanctions will bode well for the sectorBank loans are not meant for big ticket borrowers and the government should shut the PSB doors to loans to big industrial houses.
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 06, 2017
Rs 2.11 lakh crore recapitalisation package will also strengthen PSU banks' balance sheets: Urjit PatelIn October, govt announced Rs 2.11-trn recapitalisation or capital infusion into NPA-hit public sector banks over next two years
Sep 07, 2016
India to focus reforms on tax, banks, infrastructure to spur growth: Arun JaitleyJaitley said the new GST, once implemented, would have a "transformational" impact by creating a common market in India for the first time
Jun 23, 2016
Raghuram Rajan reiterates: Not high rates but stress in PSBs led to slowdownArray
Jun 22, 2016
As Raghuram Rajan prepares to step down, RBI governor urges PSU banks to clean up bad debtsRajan defended the actions taken by the central bank, including ordering state-run banks to conduct comprehensive asset quality reviews of their balance sheets
Jun 09, 2016
Solving India's NPA crisis: The technology wayTotal NPAs, as a percentage of the total loans, has grown from 2.11 per cent to 5.08 percent.
Mar 07, 2016
As Mallya await DBT orders today, liquor baron says in one-time settlement talks with banksBanks have recovered an aggregate Rs 2,494 crore ($371.98 million), Mallya said