Finance Ministry to meet PSU banks today to review stalled projects
Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks Tuesday to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.
Apr 28, 2015, 09:26 AM IST
FinMin to meet PSU banks Tuesday to review stalled projects
Concerned over rising bad loans in infrastructure sector, the Finance Ministry has called a meeting of heads of public sector banks Tuesday to chalk out a roadmap for clearing bottlenecks that hamper implementation of large projects.
Apr 27, 2015, 19:05 PM IST
Andhra Bank Q4 profit jumps over twofold to Rs 185 crore
The public sector bank had posted a net profit of Rs 88.08 crore in the same period last financial year, it said in a filing to the BSE.
Apr 27, 2015, 13:32 PM IST
Yes Bank opens representative office in Abu Dhabi
Private sector Yes Bank Sunday launched a representative office in UAE, which marks the maiden foray into international operations for the 12-year-old lender.
Apr 26, 2015, 17:54 PM IST
Yes Bank open to evaluating acquisition in AMC space
Private sector Yes Bank Tuesday said it is open to evaluating acquisitions for setting up of mutual fund business.
Mar 17, 2015, 22:06 PM IST
Axis Bank sells $250-m bonds to global investors at 3.25%
Private sector lender Axis Bank Wednesday managed to price its USD 250-million on-tap 10-year bond sale to international investors at the same rate of 3.25 percent at which it had bonds last November.
Mar 04, 2015, 21:55 PM IST
Nifty ends below 8,800-level; energy and PSU banks hit
Late selling led the market into negative zone as the benchmark CNX Nifty extended its fall for second straight day to end below the crucial 8,800-level.
Feb 23, 2015, 19:37 PM IST
SC asks its registry to keep fine paid by DLF in PSU bank
Supreme Court Monday asked its registry to invest in a nationalised bank the money deposited with it by real estate major DLF as a fine which was imposed by the Competition Commission of India (CCI).
Jan 19, 2015, 19:31 PM IST
Stake sales in PSU banks only at appropriate valuation: Sinha
Government on Saturday made it clear that any decision to undertake a stake sale in public sector banks will be so for an "appropriate valuation".
Jan 03, 2015, 16:21 PM IST
Four SBI Group DMDs appear for interview for MD's post
Four senior executives of SBI group have appeared for interviews for one post of Managing Director at State Bank of India (SBI), which is lying vacant after the retirement of A Krishna Kumar last month.
Dec 22, 2014, 13:45 PM IST
ATM slips, bank transactions SMSes likely in Hindi soon
Very soon, ATM slips and messages from PSU banks on transactions could be in Hindi, if reports are to be true.
Dec 21, 2014, 18:42 PM IST
Bank relay strike affects South; North to follow Wednesday
Beginning their four-day relay strike to press for wage hike, public sector bank (PSB) employees in southern region went off work today and while their counterparts in North India will follow suit on Wednesday.
Dec 02, 2014, 20:44 PM IST
Public sector banks to get autonomy on appointment of auditors
The government on Friday said that public sector banks would get autonomy in selection and appointment Statutory Central Auditors (SCAs) from next fiscal.
Nov 28, 2014, 21:03 PM IST
Gross NPAs of PSU banks rise to 5.33% at September end FY15
The gross NPAs of state-run lenders stood at 4.72 percent of total advances at the end of March 2014.
Nov 28, 2014, 17:15 PM IST
SBI shares hit 52-week high; up over 4% post healthy earnings
The stock was the top gainer among the blue-chips on both Sensex and Nifty.
Nov 17, 2014, 13:37 PM IST
Axis Bank to raise Rs 6,000 cr from bonds
Private sector player Axis Bank Thursday said it proposes to raise Rs 6,000 crore from bonds to fund its business growth.
Aug 21, 2014, 22:18 PM IST
United Bank to raise Rs 300 cr by selling shares to LIC soon
The bank proposes to issue 8.45 crore shares to LIC at a price of Rs 35.50 per share.
Jul 23, 2014, 14:59 PM IST
