Latest News on State Run Banks
Showing of 0 - 10 from 16 results
State Run Banks - Total results - 16
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
Feb 10, 2016
Explained in 5 charts: How Indian banks' big NPA problem evolved over yearsFor years, Indian lenders, especially state-run banks, were engaged in volume game to balloon their balance sheets and appease their promoter (the government).
Dec 14, 2015
Mergers within commercial banks should be focused and strategic: RBI deputy governorS S Mundra, speaking at a business school in Mumbai, warned that merging a weak bank with a strong bank might weaken the stronger lender