PSB

Teji Mandi: Three things investors should know on February 17, 2021

Teji Mandi: Three things investors should know on February 17, 2021

FMCGs see sustaining demand : The FMCG industry recorded a growth of 7.3% in the December quarter as per a Nielsen Survey report. Rural I...Read More

Teji Mandi: Three things investors should know on February 16, 2021

Teji Mandi: Three things investors should know on February 16, 2021

Renewable sector seeks fresh investment : If all goes well, India could see investments in the renewable sector rising to $500 billion by...Read More

Teji Mandi: Three things investors should know on February 10, 2021

Teji Mandi: Three things investors should know on February 10, 2021

Health of PSBs improving says MoS : Minister of State Finance Anurag Singh Thakur talked about the improving health of PSU Banks in Rajya...Read More

Centre mulls 'bad bank', PSB privatisation for Budget FY22

Centre mulls 'bad bank', PSB privatisation for Budget FY22

The Union Government is considering several policy measures for the Indian banking sector, including setting up of a bad bank and privati...Read More

FinMin says PSBs will not raise bank charges amid pandemic

FinMin says PSBs will not raise bank charges amid pandemic

Bank of Baroda rolls back order reducing free cash transactions

Accounting adjustments may improve service ability of AT-I bonds of PSBs: Report

Accounting adjustments may improve service ability of AT-I bonds of PSBs: Report

The recent proposal by some of the state-owned lenders to set-off their accumulated losses against the share premium account balances may...Read More

Finance Ministry may provide capital support to some PSBs in third quarter

Finance Ministry may provide capital support to some PSBs in third quarter

The Finance Ministry is likely to provide capital support from the Rs 20,000 crore fund approved by Parliament in recently concluded sess...Read More

PSBs report frauds worth over Rs 19,964 cr in Apr-Jun, says RBI

PSBs report frauds worth over Rs 19,964 cr in Apr-Jun, says RBI

The country's largest lender State Bank of India (SBI) saw the highest number of fraud cases; however, Bank of India was the worst hit i...Read More

State ownership helps deposit franchise of PSBs, divesting majority stakes a 'credit negative': Icra

State ownership helps deposit franchise of PSBs, divesting majority stakes a 'credit negative': Icra

Divesting majority stake in state-run lenders by the government will be "credit negative" for such public sector banks (PSBs), a domestic...Read More

Extend credit in sachets to help overcome recapitalisation challenge: Acharya to PSBs

Extend credit in sachets to help overcome recapitalisation challenge: Acharya to PSBs

Acharya further said that re-privatisation of the lenders is necessary to help reduce the recapitalisation burden, and stressed that publ...Read More

Defer avoidable expenditure, reduce costs: Govt tells public sector banks

Defer avoidable expenditure, reduce costs: Govt tells public sector banks

The Department of Financial Services (DFS) said it was necessary that the banks take appropriate measures to ensure productive use of the...Read More

Govt unlikely to go for privatisation of PSBs this fiscal

Govt unlikely to go for privatisation of PSBs this fiscal

At present, four public sector banks are under the RBI's Prompt Corrective Action (PCA) framework, which puts several restrictions on the...Read More

Twitterati come out in support of public sector bankers, say #StopPrivatization

Twitterati come out in support of public sector bankers, say #StopPrivatization

Today, the public sector bankers are raising their voice on Twitter against privatisation of Public Sector Banks (PSBs). According to a r...Read More

PSB NPAs likely to rise 2-4% points; may push govt to recapitalise via RBI reserves, bonds: Report

PSB NPAs likely to rise 2-4% points; may push govt to recapitalise via RBI reserves, bonds: Report

The consolidated fiscal deficit target is likely to overrun by 2 percentage points due to stimulus spends, lower tax receipts and dip in ...Read More

Rs 32,000 crore-worth fraud cases hit 18 PSBs in Q1

Rs 32,000 crore-worth fraud cases hit 18 PSBs in Q1

State Bank of India (SBI) remained the biggest prey to frauds with 38 per cent share, Neemuch-based activist Chandrashekhar Gaur said quo...Read More

Stairway to recession free economy

Stairway to recession free economy

The Government has recently merged 10 Public Sector Banks (PSBs) into four larger PSBs in order to improve their efficiency. This step is...Read More

Will the big bank theory really work?

Will the big bank theory really work?

Can merely merging 10 banks by dumping six financially tottering banks on four relatively viable ones make the four banks stronger or wea...Read More

Govt infused over Rs 3.15 lakh crore into PSBs between FY09 and FY19

Govt infused over Rs 3.15 lakh crore into PSBs between FY09 and FY19

As on March 31, 2019, all 18 PSBs meet this minimum CRAR requirement

Govt to provide credit guarantee to PSBs to buy NBFC assets

Govt to provide credit guarantee to PSBs to buy NBFC assets

FM said NBFCs are playing an important role in sustaining credit demand and maintaining capital formation in small and medium industrial ...Read More

‘Excess RBI cap must be used to recapitalise PSBs’

‘Excess RBI cap must be used to recapitalise PSBs’

The Bimal Jalan panel may recommend transferring up to Rs 3 lakh crore of excess Reserve Bank capital to the government and the money sho...Read More

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