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The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finmin expects 3-4 more banks to come out of RBI's PCA framework this...

Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.

24 Feb 2019 9:46 AM GMT

Moodys is a global rating agency

Despite massive capital infusion, full turnaround is still away for...

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

21 Feb 2019 12:21 PM GMT

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

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...

29 March 2019 3:26 AM GMT

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi exempts govt from making open offer for shareholders of PNB

Sebi, however, directed reduction in non-public shareholding in the lender post capital infusion.

28 March 2019 10:33 AM GMT

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Govt to infuse Rs 5,042 crore into Bank of Baroda

The capital infusion will be by way of preferential allotment of equity shares of the bank during FY2018-19.

28 March 2019 6:32 AM GMT

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi exempts govt from making an open offer for shareholders of PNB

Listed companies are required to have at least 25 per cent public shareholding.

28 March 2019 3:27 AM GMT

The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

Oriental Bank allots 13.89 cr shares to govt following capital...

The move follows capital infusion of Rs 1,186 crore by the government into the bank.

27 March 2019 11:43 AM GMT

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Jaypee Infratech lenders aks NBCC, Suraksha Group to sweeten bids

The CoC will soon formally write to both the bidders to submit revised bids based on the discussions held.

15 March 2019 5:22 AM GMT

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel gets Sebi nod for Rs 25,000 crore rights issue

The board of the company had approved the rights issue proposal in February.

9 April 2019 3:49 AM GMT

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

FinMin assessing capital needs of PSBs; Budget may make provision for...

The government made record capital infusion of Rs 1,06,000 crore in the public sector banks last fiscal.

17 Jun 2019 5:47 AM GMT

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Govt may announce infusion of Rs 4,000 cr in PSU non-life firms in...

The announcement to this effect could be made in the first full-fledged Budget of Modi 2.0 government.

5 Jun 2019 9:30 AM GMT

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Rs 70,000 cr capital infusion in PSBs credit positive, to boost...

The capital infusion will help some banks to come out of the central bank's prompt corrective action.

8 July 2019 5:33 AM GMT