public sector banks
PSU banks identify 41 overseas units for rationalisation
Govt announced that it will infuse an unprecedented Rs 88,139 crore capital in 20 PSBs before March 31.
Recap to mitigate PSB risks but NPAs to impact performance: Fitch
Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.
20 PSU banks to get Rs 88,139 crores in fresh funding
Arun Jaitley said steps need to be taken to ensure that the governance of banks follows the highest standards.
Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance Ministry
Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.
Govt to infuse over Rs 88,000 crore in 20 public banks
During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.
Mom-daughter duo dupes six job aspirants to tune of Rs 38 lakh
The Naupada police said the duo would were promising placements to job seekers in public sector banks.
Bonds fall after RBI deputy says banks face high interest rate risk
Benchmark 10-year bond yield was at 7.54 per cent, up 10 basis points on the day.
Financial bids for all 12 large NPA accounts by month-end: SBI
SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.
Govt seeks Parliament nod for Rs 80,000 cr PSBs recapitalisation
NPAs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.
Higher NPA provisioning to impact banks in 2018/19: Moody's
Govt in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks.