public sector banks
Banks asked to set up one platform for sale of loan defaulters’ assets
About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.
Large banks may absorb weak ones under RBI lens
Of 21 PSBs, 11 are under prompt corrective action framework of the Reserve Bank of India.
BSE to launch F&O contracts on Bharat-22 index from Sept 3
At present, there are over 200 securities available in the F&O segment for trade.
PSBs reduce Rs 64,106 crore NPAs via recoveries in FY18: RTI
The reduction seems to be insignificant given the fact that gross NPAs of state-run banks at the end of FY18 stood at Rs 8,95,601 crore.
Govt, banks may have to float USD 9 billion AMC/ARC
The government will have to infuse $26.5 billion into the state-run banks (excluding SBI) in FY19-20.
Public sector banks plan closure of 70 overseas offices this fiscal
Public sector banks closed down 35 foreign operations last year.
More financial scams in the offing, says West Bengal FM
Mitra said the figures were collated from the latest Financial Stability Report of RBI and in absolute terms.
PSBs should have operational freedom like private players: official
There are limitations with respect to ownerships in public sector banks but those issues can be easily resolved.
Recap set to give banks capital relief, but stress to remain
Govt plans to provide Rs 65,000 cr of new capital for public sector banks in the year ending March 2019.
Govt aid will give capital relief to banks, but stress will remain: Moody's
The government plans to provide Rs 65,000 crore of new capital for public sector banks.