Govt open to dilute stake in state-run banks to 52%: Arun Jaitley
Government is open to dilute its stake in public sector banks to 52 per cent, Finance Minister Arun Jaitley said today and promised more steps to tackle bad loan problems including those involving state power providers.
Sep 28, 2015, 17:00 PM IST
Bankers ask govt to consider cutting stake in PSBs to sub-51%
Prime Minister Narendra Modi`s administration last year approved a plan to pare the government`s stake in state lenders to up to 52 percent to help them meet their capital needs.
Jan 03, 2015, 20:35 PM IST
Employees' strike affects Indian banking
Banking operations were affected all over India Wednesday as over a million bank employees went on a day`s strike in support of their various demands, including pay revision, an official said here.
Nov 12, 2014, 12:40 PM IST
Bank strike on today; may hit trading volumes
Still the Reserve Bank of India will operate as usual and can provide funds via its overnight repo window.
Nov 12, 2014, 09:47 AM IST
Bank strike on Wednesday; may hit trading volumes
The strike is expected to hit all state-run banks, and also some private lenders, and could also impact market functions such as trade settlements to some extent.
Nov 11, 2014, 20:58 PM IST
Raghuram Rajan bats for more freedom to state-run banks
Batting for greater autonomy to state-run lenders, RBI Governor Raghuram Rajan Monday said the government should look at them as truly "independent entities" that take their own commercial decisions and not as an extended arm of the administration.
Sep 15, 2014, 18:54 PM IST
Central Bank to sell 4% stake to LIC for Rs 581 cr
The government has earmarked only Rs 11,200 crore for fund infusion into public sector banks this current fiscal, down from Rs 14,000 crore last fiscal.
Jul 27, 2014, 11:54 AM IST
