Thursday, Apr 15, 2021 | Last Update : 11:02 PM IST

public sector banks Page-8

Recap to mitigate PSB risks but NPAs to impact performance: Fitch

Decision to front-load around USD 12 bn through recapitalisation bonds would put banks in a slightly better position.

25 Jan 2018 1:14 PM

20 PSU banks to get Rs 88,139 crores in fresh funding

Arun Jaitley said steps need to be taken to ensure that the governance of banks follows the highest standards.

25 Jan 2018 2:51 AM

Rs 80,000 crore PSB recap bonds won't impact fiscal deficit: Finance Ministry

Government has pegged the fiscal deficit target at 3.2 per cent of the GDP for the current fiscal.

24 Jan 2018 5:35 PM

Govt to infuse over Rs 88,000 crore in 20 public banks

During the current fiscal, ending March 31, SBI will get Rs 8,800 cr capital and Bank of India, Rs 9,232 crore.

24 Jan 2018 5:02 PM

Mom-daughter duo dupes six job aspirants to tune of Rs 38 lakh

The Naupada police said the duo would were promising placements to job seekers in public sector banks.

19 Jan 2018 5:33 AM


Bonds fall after RBI deputy says banks face high interest rate risk

Benchmark 10-year bond yield was at 7.54 per cent, up 10 basis points on the day.

16 Jan 2018 12:39 PM

Financial bids for all 12 large NPA accounts by month-end: SBI

SBI is the lead banker in 6 out of 12 large NPAs with total outstanding loan of Rs 1.75 lakh crore.

10 Jan 2018 5:46 PM

Govt seeks Parliament nod for Rs 80,000 cr PSBs recapitalisation

NPAs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.

04 Jan 2018 3:19 PM

Higher NPA provisioning to impact banks in 2018/19: Moody's

Govt in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks.

04 Jan 2018 2:23 PM

Govt to infuse Rs 7,577 crore in 6 weak PSU banks

Arun Jaitley in Oct had announced an unprecedented Rs 2.11 lakh crore two-year road map to strengthen PSBs.

03 Jan 2018 4:56 PM


Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

01 Jan 2018 2:33 PM

Govt to push ahead with banking reforms in New Year

Of the Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.

28 Dec 2017 11:15 AM

No need to create fear over FRDI Bill, says Arun Jaitley

The bill is currently undergoing scrutiny by a joint parliamentary committee.

22 Dec 2017 6:13 AM

Reforms to tag along with recap, says RBI

Patel informed that the RBI is working closely with the government to finalise the extend of funding to be raised by banks.

07 Dec 2017 1:24 AM

Fitch may revise banks' rating if recapitalisation done early

Govt had announced a Rs 2.11 trillion capital infusion for public sector banks over next two years.

30 Nov 2017 4:23 PM


FinMin working on recap bonds, expected to receive Jaitley's nod soon

The framework for bank recapitalisation once cleared will go to Parliament for necessary approvals.

29 Nov 2017 6:32 PM

Govt raises Rs 14,500 crore from Bharat-22 ETF

ETF saw bids of nearly Rs 32,000 crore coming in, with FIIs bidding for one-third of the money.

20 Nov 2017 7:14 PM

Finance ministry asks PSBs to submit fund-raising plan in a month

This will help in better utilisation of the money that the government will provide to them under the bank recapitalisation plan.

15 Nov 2017 4:00 PM

PSU Banks may get Rs 70,000 cr through recap bonds this fiscal

In last three-and-half years govt has pumped in Rs 51,858 crore capital in the public sector banks.

05 Nov 2017 4:30 PM

Ex-RBI Governor Y V Reddy terms bank recap plan 'critical'

In the last week of October, Jaitley had announced an unprecedented PSU banks recapitalisation program of Rs 2.11 lakh crore.

04 Nov 2017 3:17 PM