PSU banks
Finmin asks PSU bank CEOs to check frauds in NPAs or face penal action
SFIO is also looking into the books of companies which are currently undergoing debt resolution.
India Inc expects recovery in demand, investment
The chamber said that out of the sectoral responses received for 70 sectors, there was a sharp increase in the sectors witnessing ‘excellent’ growth.
Fraud casts doubts on banks
Analysts say PNB episode expands risk areas for banks; claim PSBs use faulty procedure.
PSU bank stocks in limelight; shares gain up to 8.5 pc
Release of next instalment of funds earmarked for bank recapitalisation proved to be a shot in arm for PSBs.
Another bid to loot public money
Bank deposits are to be used for productive purposes and not to bail out defaulters.
Canara Bank employees against merger of smaller PSU banks
Merger would not bring any relief to the ‘ailing’ banking industry as the increasing Non Performing Assets.
Sensex little changed in late morning trade; PSU banks down
The broader NSE Nifty was nearly flat at 10288.85 at 0624 GMT, while the benchmark BSE Sensex was up 0.05 per cent at 33,367.53.
Job outlook dim: Assocham
Cites India Inc’s focus on rationalisation of costs as primary reason.
Jaitley-led panel may direct banks to examine merger proposal
Alternative Mechanism would devise its own procedure for appraisal of amalgamation proposals by banks.
Would have quit as FM if forced to implement note ban: Chidambaram
Demonetisation and 'rushing through with the GST were two major mistakes' of the Modi government.