PSU banks
Chidambaram asks if all is well with economy then why banks' recap?
Former Finance Minister claims Indian economy grew at its best rate of 8.5 per cent from 2004 to 2009, first UPA rule.
Finance Secretary hints at increased capital expenditure by PSUs
Lavasa emphasises on need to increase public investment, for which bold steps will be taken by govt to recapitalise banks.
Banks' recap safeguards India's economic future: Patel
RBI governor adds later a comprehensive policy would be put in place to address challenges faced by banking sector.
India's bad loans and stressed assets estimated at Rs 10 lakh crore
Govt has pledged Rs 2.11 lakh crore recapitalisation plan for state-owned banks over next two years.
PSU banks will get fresh Rs 2.11 lakh crore in funding
In the last three-and-half years, the government has pumped in `58,848 crore capital in the public sector banks.
Cabinet approves massive Rs 9 lakh crore boost for economy
PSU banks will get Rs 2.11 lakh crore capital to increase lending; Rs 6.92 lakh crore for 83,677-km new road, highway infrastructure.
Govt approves Rs 2.11 lakh crore recapitalisation package for PSU banks
Fin Min says recapitalisation programme is essential to increase public spending on infrastructure.
PSU bank mergers should be done after balance sheet clean up: Raghuram Rajan
Rajan also suggested that decisions need to be made by those who understand the banking system.
'Govt ready to provide capital support for PSU banks' merger'
State-owned banks are grappling with Rs 6 lakh crore worth of non-performing assets or bad loans.
PSU bank employees go on strike; services hit
The strike has been called by all unions under the aegis of the United Forum of Bank Unions (UFBU).