Latest News on Zombie Banks
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Zombie Banks - Total results - 2
May 28, 2019
Narendra Modi 2.0: Why landslide mandate, right conditions make it perfect time for govt to kick-start weak PSBs’ sell-offTo give a perspective, of the 18 PSBs now, at least eight have gross NPAs above 15 percent of their total advances. This means Rs 15 out of every Rs 100 they have lent have gone bad.
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