Sunday, Jan 24, 2021 | Last Update : 12:25 PM IST

public sector banks Page-3

RBI data on bank frauds on basis of reporting year, not occurrence date: FinMin

RBI in an RTI reply had disclosed that over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore were reported in 2018-19.

05 Jun 2019 9:27 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

Panagariya recommends aggressive privatisation of public sector undertakings in India

Among the longer-term reforms, Panagariya recommended reform of labour laws.

21 May 2019 11:50 AM

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

Banks Board Bureau identifies 75 senior officers for leadership roles in PSBs

Bureau was assigned with the task of recommending personnel for appointment as directors in govt-owned insurance companies.

19 Apr 2019 11:06 AM

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India needs to bolster level of capitalisation of government-owned banks: IMF

The level of non-performing loans (NPLs) in India remains high.

11 Apr 2019 10:21 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

PNB scam exposes gaps in Indian banking sector

Rs 14,000 crore, fraud nearly brought India’s second biggest state-run bank on its knees.

22 Mar 2019 1:06 PM

PSBs may report net profit of Rs 23,000-37,000 crore in FY20

GNPAs and NNPAs of PSBs is likely to decline to 8.1-8.4 per cent and 3.5-3.6 per cent by March 2020.

15 Mar 2019 10:27 AM

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

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Despite massive capital infusion, full turnaround is still away for PSBs: Moody's

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and capitalisation.

21 Feb 2019 5:51 PM

12 PSU banks receive Rs 48,239 crore from government

Rs 4,638 crore and Rs 205 crore will be provided to Bank of India and Bank of Maharashtra.

21 Feb 2019 1:47 AM

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

Bharat-22 ETF additional sale on Feb 14, govt to raise at least Rs 3,500 cr

The government has so far raised Rs 22,900 crore through the Bharat-22 ETF.

12 Feb 2019 12:33 PM

Other banks to be out of PCA framework soon: Piyush Goyal

The RBI on Thursday lifted lending curbs on three out of 11 weak public sector banks (PSBs).

02 Feb 2019 10:28 AM

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Goyal asks PSBs to step up lending to MSMEs, farmers

Govt-RBI-bankers meet discusses ways to boost loan recoveries, credit disbursal.

29 Jan 2019 10:53 AM

RBI Governor meets PSU banks' CEOs, conveys regulator's expectations

RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7.

28 Jan 2019 1:24 PM

Govt keen to pare stake in banks to 52 per cent, but capital infusion a hurdle

State Bank of India has already initiated steps for a Rs 20,000-crore share sale through qualified institutional placement.

15 Jan 2019 2:14 PM

No job losses due to merger of public sector banks: Arun Jaitley

PAC is initiated against banks that have high levels of non-performing assets (NPAs).

04 Jan 2019 2:11 PM

7 PSU banks set to get Rs 28,615 crore lifeline in 4 days

Of the 7 state-owned banks, Bank of India may get the highest amount of Rs 10,086 crore.

28 Dec 2018 11:21 AM

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