DNA: Non Stop News, August 23rd, 2019
This segment of DNA brings to you important stories of the day. Watch this video for more info. #DNANonStopNews #PakistanKaBlackFriday #PMModiFranceVisit #FATF
Aug 23, 2019, 22:00 PM IST
Additional fund infusion to help banks lower NPAs: Report
On December 20, the government had sought lawmakers' approval for infusion of an additional Rs 41,000 crore, taking the total fund infusion to Rs 1.06 trillion in FY19.
Jan 08, 2019, 17:16 PM IST
RBI dividend to government halves to Rs 30,659 crore
Last fiscal, the RBI had transfered Rs 65,876 crore surplus as dividend to the government.
Aug 10, 2017, 19:00 PM IST
Resolution of state-run banks' bad loans primary focus of government
A resolution of Indian banks` bad loans is the "first and primary focus" of the government, a senior finance ministry official said on Wednesday.
Jun 14, 2017, 11:21 AM IST
Stake dilution in PSBs after their health improves: FM
This fiscal, the government has budgeted Rs 10,000 crore of capital infusion in public sector banks.
May 08, 2017, 12:42 PM IST
Ind-Ra maintains stable outlook for large public, private banks
Domestic rating agency Indian Ratings and Research on Wednesday released a report on health of large public sector banks and private banks.
Feb 15, 2017, 11:57 AM IST
FM Arun Jaitley to review performance of state-run banks today
Finance Minister Arun Jaitley is undertaking a quarterly performance review of state-run banks here on Friday not just to see the progress of various financial inclusion schemes, but also look at the overall health of the banking system, officials said.
Sep 16, 2016, 07:21 AM IST
India to inject $3.4 billion in state banks to revive credit growth
India will inject 229.15 billion rupees ($3.41 billion) in 13 state-run banks to help shore up the cash-strapped lenders and revive loan growth that has hit a two-decade low.
Jul 19, 2016, 14:22 PM IST
India best among emerging markets; health of state-run banks, corporates a worry: IMF
IMF's financial counselor Jose Vinals singled out the country as being the best placed among emerging markets, but underlined that it has problems of its own which need to be dealt with.
Mar 10, 2016, 16:13 PM IST
Vijay Mallya in talks to settle debt with lenders
Indian liquor baron Vijay Mallya said he has been in talks to enter into a one-time settlement with state-run banks, to which his now-defunct carrier Kingfisher Airlines owes more than USD 1 billion.
Mar 07, 2016, 10:31 AM IST
Government close to appointing new heads of state-run banks: Rajan
Reserve Bank of India Governor Raghuram Rajan said on Thursday the government would soon appoint heads of state-run banks given the importance of acting quickly.
Jul 02, 2015, 14:52 PM IST
Sinha pledges required capital support for public sector banks
The government on Wednesday said it's currently examining the funds requirement of public sector banks over the next 3 years and promised required capital support as part of a comprehensive package to strengthen them.
Jul 01, 2015, 12:01 PM IST
IBA to sign wage revision pact with banks unions on Monday
Bank unions will be formally signing the new wage revision agreement with the industry body Indian Banks Association (IBA) on Monday, one of the heads of the unions said today.
May 22, 2015, 17:31 PM IST
Bank reforms positive but implementation a risk, says Fitch
Jaitley proposed to set up an autonomous Banks Board Bureau to help lenders raise capital for expansion needs.
Mar 26, 2015, 20:20 PM IST
Rajan hails govt announcement on functional freedom for banks
Reserve Bank Governor Raghuram Rajan on Friday hailed the government direction to state-run banks to act without fear or favour and ignore extraneous considerations in their commercial operations.
Jan 09, 2015, 19:22 PM IST
State-run banks to find capital raising challenging: Fitch
State-owned banks are likely to continue to raise funds through additional Tier-I capital to meet the Basel III norms even as the government plans to pare its holdings in such financial institutions, says a report.
Dec 12, 2014, 20:33 PM IST
India to set up new process for appointing state bank officials
The move comes months after an investigation began into whether the head of state-controlled Syndicate Bank took bribes to roll over a loan to family-controlled Bhushan Steel .
Oct 28, 2014, 00:47 AM IST
Banks open 5.29 crore accounts under Jan Dhan Yojana
Banks have opened a whopping 5.29 crore new accounts so far under the flagship Jan Dhan programme.
Oct 02, 2014, 14:01 PM IST
RBI likely buying dollars via state-run banks: Traders
The Reserve Bank of India (RBI) was seen buying dollars via state-run banks to prevent further appreciation in the rupee, four traders said on Monday.
Sep 08, 2014, 11:06 AM IST
Rupee slumps to three-month low on dollar buying by state-run banks
The rupee ended at 60.55/56 per dollar, down about 0.83 percent for the day, its biggest single-day fall since June 13.
Jul 31, 2014, 20:03 PM IST
