Tuesday, May 28, 2024 | Last Update : 11:11 PM IST

public sector banks Page-5

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.

12 Sep 2018 11:37 AM

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.

31 Aug 2018 8:53 AM

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.

30 Aug 2018 1:24 PM

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.

29 Aug 2018 3:40 PM

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.

29 Aug 2018 8:35 AM


Public sector banks plan closure of 70 overseas offices this fiscal

Public sector banks closed down 35 foreign operations last year.

26 Aug 2018 1:49 PM

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.

24 Aug 2018 7:37 PM

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.

24 Aug 2018 5:10 PM

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.

22 Aug 2018 10:21 AM

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.

21 Aug 2018 2:11 PM


'Banking sector outlook to stay negative till capital positions improve'

Fitch said the USD 151-billion stock of bad loans remains a risk for the sector's weak income base.

13 Aug 2018 1:29 PM

Banks collect Rs 5,000 cr from customers for breaching minimum balance

SBI led the pack in penalising its customers for not maintaining minimum account balance.

05 Aug 2018 12:34 PM

Indian Bank revises interest rates on FCNR(B) deposits

For deposits of up to five years, interest rates are 4 per cent as compared to 3.93 per cent.

03 Aug 2018 9:50 AM

RBI lists 240 new accounts for NPA tag

List of NPAs could be released in September quarter because a new bunch of NPAs are being reported.

31 Jul 2018 8:58 AM

Govt's capital infusion in 5 state-owned banks credit positive: Moody's

The Rs 11,336-crore capital infusion is part of the Rs 65,000 crore that the govt propose to infuse into the 21 public sector banks.

25 Jul 2018 2:01 PM


‘RBI has broad powers to address banking issues’

Powers of RBI are wide-ranging and comprehensive to deal with various situations that may emerge in all banks.

25 Jul 2018 8:46 AM

Fund infusion may not help much, say bankers

Centre infused Rs 1.29 lakh crore as capital into the banking system.

20 Jul 2018 9:19 AM

RBI must set a new path for India’s troubled banks

The banks had little choice but the concede the growing demands for such write-offs due to political reasons.

19 Jul 2018 6:26 AM

Rs 11,336 crore to be infused in 5 PSU banks

Out of Rs 1.35 lakh crore, the govt already infused about Rs 71,000 crore through recap bonds in banks.

18 Jul 2018 9:05 AM

LIC unions oppose acquisition of IDBI Bank by insurer

LIC currently holds 11 per cent stake in IDBI bank and its total stressed portfolio is 35.9 per cent of total loans.

10 Jul 2018 4:17 PM