Monday, Aug 03, 2020 | Last Update : 11:26 PM IST

132nd Day Of Lockdown

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psb

Diluting govt stake below 50 per cent in PSBs no solution: Unions

Nobel laureate Abhijit Banerjee said that there was a need to bring down government stake to below 50 per cent in PSBs.

01 Nov 2019 2:26 PM

FinMin to hold review meeting with public sector banks today

The finance ministry will also discuss ways in which PSBs can offer doorstep banking facility.

19 Sep 2019 8:50 AM

Rs 3 tln of capital infusion only helped PSBs trim losses, not drive credit supply

The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing assets.

09 Aug 2019 9:14 AM

PSBs' bad loans have declined by over Rs 89,000 crore till March: Govt

Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46 lakh cr by the govt.

26 Jul 2019 10:13 AM

Budget 2019: Govt to provide credit guarantee to PSBs to buy NBFC assets

The NBFC sector is currently undergoing a liquidity hurdle with a spate of defaults of companies.

05 Jul 2019 3:06 PM

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RBI to focus on governance reforms in banks, non-banking sector in coming months: Das

Bank Board Bureau and the Reserve Bank are engaged in developing an objective framework for performance evaluation of PSBs.

09 Jun 2019 8:28 AM

Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19

Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.

25 May 2019 1:12 PM

BBB identifies 75 senior officers for leadership roles in PSBs

It has made a case for giving a complete autonomy to banks to decide organisational structure for better efficiency.

19 Apr 2019 6:25 PM

PSBs to report higher losses for March quarter

According to analysts, the gross and net non-performing assets (NPAs) are likely to fall sequentially.

11 Apr 2019 1:06 AM

Five PSU lenders get capital infusion of Rs 21,428 cr from govt

Capital infusion will help the bank to shore up its capital adequacy requirements and enable the bank to build a robust loan book.

29 Mar 2019 8:56 AM

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RBI slaps penalties on 36 major banks for non-compliance in SWIFT operations

Reserve Bank of India has imposed penalties worth Rs 71 crore on 36 public, private and foreign banks.

09 Mar 2019 10:51 AM

PSBloansin59minutes.com becomes largest fintech loan platform; sanctions Rs 35K cr

The portal was launched in November to provide credit of up to Rs 1 crore to micro, small and medium enterprises within 59 minutes.

03 Mar 2019 12:37 PM

Fraud-hit PNB ranks highest in implementation of 'reforms agenda' in 2018: Study

The bank's net profit rose 7.12 per cent to Rs 247 crore in the three months to December 2018.

28 Feb 2019 5:32 PM

Finmin expects 3-4 more banks to come out of RBI's PCA framework this year

Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.

24 Feb 2019 3:16 PM

Institutionalisation of P J Nayak panel report to improve governance of PSBs: CEA

Some of the recommendations of the Nayak committee have been implemented and some more need to be institutionalised.: Subramanian.

23 Feb 2019 12:55 PM

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Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20: Moody's

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

21 Feb 2019 6:02 PM

CARE Ratings to government: From where will you get the recap funds for PSBs?

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

21 Feb 2019 5:19 PM

State-run banks' shares jumped after government announced fund infusion

The government had in October 2017 said it would infuse a total 2.11 trillion rupees into state-run lenders over two years.

21 Feb 2019 1:57 PM

Govt announces Rs 48,239 cr recapitalisation plan for 12 PSBs

The government will pump in Rs 12,535 crore in four other banks under PCA.

20 Feb 2019 5:38 PM

Will meet bank heads on Feb 21 on transmission of rate cut: Shaktikanta Das

Earlier this month, the Reserve Bank cut the benchmark interest rate by 0.25 per cent to 6.25 per cent.

18 Feb 2019 1:12 PM

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