Last month, the government proposed a Rs 2.11 lakh crore public sector bank recapitalisation plan.
03 Nov 2017 5:12 PM
India has 21 public sector banks, which account for more than two-thirds of the country’s banking assets.
01 Nov 2017 7:09 PM
As per Ambit estimates, industry is likely to see a 7 per cent growth in 2018-19 from 5 per cent in the current fiscal.
29 Oct 2017 5:27 PM
Bank stocks were on fire surging up to 46 pc following the govt's announcement of Rs 2.11 lakh crore recapitalisation plan.
28 Oct 2017 12:18 PM
Considering zero coupon bonds as part of its promise to pump in fund.
28 Oct 2017 2:37 AM
Centre unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.
27 Oct 2017 7:13 PM
On Tuesday, Finance Minister Arun Jaitley unveiled the road map for strengthening of bad loans-hit public sector banks.
26 Oct 2017 7:39 PM
Govt's decision to infuse Rs 2.1 trillion of capital in PSBs could improve credit growth by up to 10 percentage point.
25 Oct 2017 6:19 PM
The government's equity dilution will help banks raise about Rs 58,000 crore.
25 Oct 2017 4:19 PM
The government on Tuesday unveiled a Rs 2.11 lakh crore two-year road map to strengthen NPA-hit public sector banks.
25 Oct 2017 3:24 PM
Govt unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.
25 Oct 2017 2:47 PM
Investors welcomed the news, sending shares of SBI up as much as 25 per cent to its highest since January 2015.
25 Oct 2017 1:34 PM
According to SBI report Ecowrap, this recapitalisaiton plan will help government to gear-up lending to MUDRA scheme.
25 Oct 2017 10:59 AM
Earlier the Cabinet had decided to set up an Alternative Mechanism to oversee proposals for expeditious consolidation of
24 Oct 2017 3:41 PM
The Department of Financial Services is assessing the capital needs of various banks based demands made by them, sources said.
15 Oct 2017 3:47 PM
Banking sector is saddled with non-performing assets (NPAs) of over Rs 8 lakh crore.
13 Oct 2017 4:30 PM
Banks would need to step up on provisioning, mainly for large corporate NPAs.
12 Oct 2017 4:43 PM
The tax department has asked its officials to keep a close vigil on the forthcoming quarterly results by large corporates.
19 Sep 2017 6:33 PM
Weak capital positions have a major negative influence on Indian banks' Viability Ratings.
12 Sep 2017 2:52 PM
Gross non-performing loan ratio reached 9.7 per cent in 2016-17, up from 7.8 per cent in 2015-16.
12 Sep 2017 2:51 PM