PSU banks
Give more funds to banks to end bad loans crisis: Patel
Patel says extra funds could be raised at market and through govt diluting its stake in state-run banks.
PSU banks need Rs 1.9 lakh cr capital by March 2019: S&P
Public sector banks will need substantial capital to make large haircuts on loans to unviable stressed projects.
Government pushes PSBs to explore acquisition of smaller banks
Large PSBs like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could look for potential candidates for acquisition.
Another PSB merger likely
FM to meet with PSU banks to discuss ways to solve bad loan problem.
Govt gives green signal to PSU bank merger
Finance Minister Arun Jaitley said the government is examining the possibility of consolidating some PSU banks.
7 PSU banks get new heads; MDs of PNB, BoI shifted
Toxic loans of public sector banks rose by over Rs 1 lakh crore to Rs 6.06 lakh crore during April-Dec 2016-17.
Nifty down after hitting record high; oil explorers hit
Nifty PSU bank index rose as much 2.35 per cent to its highest since March 4, 2015.
Govt to meet its fiscal deficit target of 3 pc for FY17
The Ministry of Finance proposes to tax black money unearthed in the future at 75-85 per cent.
Cash surge may force banks to raise capital
Experts hint smaller PSU banks will struggle to raise the additional capital following recent deposits.