This would enable infusion of over Rs 83,000 crore in the next few months in Public Sector Banks (PSBs), said a finance ministry official.
21 Dec 2018 1:02 AM
Banks have raised 244.4 billion rupees from the market this fiscal year.
20 Dec 2018 5:45 PM
Write-offs of NPAs is a regular exercise of the banks to clean up their balance sheet, tax benefit and capital optimisation.
14 Dec 2018 5:57 PM
Banking system is overburdened with non-performing loans and there is a need to adequately professionalise boards of PSBs.
14 Dec 2018 5:07 PM
PSBs still not adequately professionalised and there is a need to substantially improve risk management.
14 Dec 2018 10:03 AM
Das ensured that he would take adequate measures which the economy requires in a timely manner.
12 Dec 2018 4:54 PM
The government has already infused about Rs 82,000 crore through bonds.
28 Nov 2018 10:47 AM
RBI Governor appeared to brief on demonetisation and NPA situation in the public sector banks.
27 Nov 2018 2:23 PM
Of the 21 state-owned banks, 11 are under the PCA framework, which imposes lending and other restrictions on weak lenders.
26 Nov 2018 7:38 AM
Banks, which have been part of recent mergers, will also receive capital from the govt
21 Nov 2018 11:24 AM
The RBI board decided to retain the capital adequacy requirement for banks at 9 per cent.
20 Nov 2018 12:08 PM
The government has so far agreed almost all issues relating RBI-government tussle.
14 Nov 2018 10:12 AM
Insolvency and Bankruptcy Code has come as a "very good tool" in the hands of the banks and the financial creditors.
29 Oct 2018 11:57 AM
Post-merger, the asset size of the new entity would be over Rs 14.5 lakh crore.
07 Oct 2018 12:09 PM
The country's 21 state-owned banks wrote-off Rs 3.16 lakh crore of loans in four years of the BJP govt.
02 Oct 2018 9:16 AM
The finance minister will also discuss credit growth and bad loan situation.
24 Sep 2018 4:33 PM
Five of the 10 newly named MDs and CEOs are working as deputy managing directors in SBI.
20 Sep 2018 10:12 AM
Currently there are nine banks still placed under the prompt corrective action (PCA) framework of the RBI.
19 Sep 2018 11:26 AM
State-run banks have made a total recovery of Rs 36,551 crore in the first quarter of 2018-19.
17 Sep 2018 12:38 PM
About 80-85 per cent of non-performing asset cases between Rs 10 lakh and Rs 20 lakh are fully secured.
12 Sep 2018 11:37 AM