हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

public sector banks

Govt to infuse Rs 5,050 crore in PSU banks soon

The government is likely to infuse additional capital of about Rs 5,050 crore in some public sector banks this week

Mar 28, 2016, 17:47 PM IST

Govt to fill vacant post of chairman in 9 PSBs soon

A senior Finance Ministry official told PTI that the process to fill vacancies of non-executive chairman in nine state-run banks is underway.

Mar 25, 2016, 18:45 PM IST

FinMin holds review meeting with banks on loan recovery

The Finance Ministry Monday held a meeting with senior officials of public sector banks (PSBs) to review their efforts for loan recovery, including from Kingfisher Airlines.

Mar 21, 2016, 17:08 PM IST

Crisil downgrades 8 PSBs, puts Syndicate Bank on negative watch

Credit rating agency Crisil Thursday downgraded eight PSBs including Bank of India and Canara Bank, following deterioration in their asset quality and also revised the outlook on five of them to negative.

Mar 10, 2016, 23:45 PM IST

Banks should have acted earlier to stop Vijay Mallya: FM Jaitley

Finance Minister Arun Jaitley on Thursday said banks should have acted earlier to stop Vijay Mallya from going abroad, even as he warned of "appropriate action" against those responsible for any "inaction" in recovery of dues totalling over Rs 9,000 crore in the case.

Mar 10, 2016, 16:38 PM IST

PSU 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

RBI amends capital recognition rules; 35k-crore unlocked for PSBs

The Reserve Bank of India on Tuesday announced amendments to recognise more balance sheet items as common equity tier-I capital which will help unlock up to Rs 35,000 crore for state-run lenders impacted by asset quality troubles.

Mar 01, 2016, 20:51 PM IST

Govt to announce PSBs' consolidation plan; to infuse Rs 25,000 crore

Government will unveil a roadmap for consolidation of public sector banks (PSBs) which are expected to get an infusion of Rs 25,000 crore next fiscal, Finance Minister Arun Jaitley said Monday.

Feb 29, 2016, 14:40 PM IST

Govt banks to see rating revisions over bad loan woes: Icra

Facing higher than anticipated bad loan stress, public sector banks (PSBs) are likely to see some rating revisions in the next few days, Icra said today.

Feb 19, 2016, 23:16 PM IST

Govt mulls hiking FDI cap in public sector banks to 49%

The government is considering to increase the foreign investment limit in public sector banks to 49 percent from 20 percent with a view to attract overseas inflows.

Feb 16, 2016, 16:59 PM IST

Supreme Court asks RBI to disclose names of India's biggest loan defaulters

The Supreme Court on Tuesday has sought a list of companies from the Reserve Bank of India (RBI) who have defaulted in paying back loan to the PSU banks and have contributed to the massive loan default of more than Rs 500 crore.

Feb 16, 2016, 15:22 PM IST

'RBI does't act, need to criminalise wilful default'

Noting there have been workman directors in the banks since 1971, he said that in the last more than four decades of experience, there is not a single case where these directors are found to be involved in any wrong doings.

Feb 13, 2016, 00:34 AM IST

No need for exaggerated panic, have faith in Indian economy: FM Jaitley

The minister said that a major sell-off in global markets has created a chain reaction impacting the markets world over including in India.

Feb 12, 2016, 21:09 PM IST

Govt to infuse about Rs 5,000 crore in PSU banks this quarter

Funds would be infused after Parliament approves third Supplementary Demand for Grants in the upcoming Budget session.

Feb 03, 2016, 18:07 PM IST

Govt may increase Rs 70,000-cr planned capital infusion for PSBs

"We are assessing the capital requirement position of each bank depending on their bad loans and, if need be, we may have to expand the capital infusion programme," said a ministry official.

Jan 24, 2016, 21:09 PM IST

Public sector banks' employees to go on stike tomorrow

A section of public sector banks' employees will observe one-day strike across the country Friday to protest violation of bilateral settlement agreement by associate banks of State Bank of India.

Jan 07, 2016, 18:14 PM IST