War on NPAs to speed up PSBs' capital raising via FPOs
The government's all out war against NPAs will help in cleaning balancesheets of state- owned banks and expedite fund raising via markets to meet the global Basel III capital adequacy norms, an official said.
May 07, 2017, 16:10 PM ISTPSU banks' NPAs rise by Rs 1 lakh crore in 9 months of FY'16: FM Jaitley
Bad loans of public sector banks (PSBs) have increased by nearly Rs 1 lakh crore during the first nine months of the current fiscal, Finance Minister Arun Jaitley said Tuesday.
Mar 08, 2016, 19:21 PM IST