PSBs
Public sector banks will need Rs 2.1 lakh crore to plug capital shortfalls: Moody's
Moody's base case assumes a sharp contraction in the Indian economy in fiscal 2021 before returning to modest growth in fiscal 2021
Bad loans in banking sector may rise by Rs 5.5 lakh cr this fiscal, says India Ratings
The rating agency said most sectors are likely to experience varying degrees of revenue contraction due to demand and supply disruptions
FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week
The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments
PSBs to put defaulters on watch
CEO, MD given power to request for lookout notices.
PSBs to recover around Rs 1.8tr: FM
Mr Jaitley said that banks must strive to be seen always as institutions of clean and prudent lending.
Panagariya calls for PSBs’ privatisation
Mr Panagariya was replying to a query related to the recent banking frauds, including nearly Rs 13,000 crore at PNB.
Finance Minister wants Basel-III norms deadline deferred
As per the norms, banks have to maintain a minimum common equity ratio of 8 per cent and total capital ratio of 11.5 per cent by March 2019.
RBI move on insolvency proceedings credit positive: Moody's
RBI has also asked banks to also review other NPAs and finalise a resolution plan over the next six months.
Jaitley to review working of PSU banks, FIs on June 12
Meet assumes significance as it will be first after promulgation of ordinance amending Banking Regulation Act, 1949, last month.
Why SBI group banks' profit fell by Rs 11,984 crore
Five associate banks that have got merged with SBI reported losses affecting parent bank.