PSU banks

Banks’ microfinance gross loan portfolio grows, SFBs see de-growth: Report

During the third quarter of FY21, the market share of banks and SFBs stood at 41.7% and 16.9%, respectively, in the microfinance space. Between Q4FY20 and Q3FY21, NBFC-MFIs' market share stood almost the same at around 30%, w

“Delinquency was higher in Q3 and Q4 of FY20-21 compared to pre-Covid levels. We hope to see these numbers move back to their historic levels in coming quarters,” Jain said.

June 2021 Bank Holiday: इस महीने इन तारीखों को बंद रहेंगे बैंक, पहले निपटा लें जरूरी काम

June Bank Holiday List: आइए जानते हैं कि जून के महीने में कौन-से दिन बैंक बंद रहेंगे.

June 2021 Bank Holiday list know on which dates bank will remain closed

Banks to remain closed for up to 12 days in various states in May 2021; check full list here

Banks in India will remain shut for up to 12 days in May 2021, including weekends and festivals.

Bank holidays in May 2021, Eid ul fitr, RBI

COVID Impact: क्या बैंकों में कम होंगे कामकाज के घंटे, जानिए कर्मचारी यूनियनों की क्या है मांग

बैंक यूनियनों के प्रतिनिधि संगठन UFBU ने कोरोना के बढ़ते संकट के मद्देनजर इंडियन बैंक्स

Banks to remain closed on April 14 in these cities, open in these 7 states; check full list

Banks will remain closed in most of the states on Wednesday, 14 April 2021, on account of Dr. Babasaheb Ambedkar Jayanti.

In fact, lending rates rose 16 bps for private banks on an M-o-M basis.

Banks closed for up to 10 days in various states in April 2021; check complete list of holidays

Banks in India will remain closed for over 10 days in April 2021, including weekends and festivals. Only gazetted holidays are observed by banks all over the country.

Bank holidays 2021, bank holidays in April

अपर सर्किट पर अपर सर्किट, इन PSU बैंक शेयरों ने 3 दिन में लगाई 75% तक छलांग; निवेशक मालामाल

PSU Bank Stocks Rose: सरकारी बैंक शेयरों में 18 फरवरी को भी जमकर तेजी देखने को मिल रही है.

The agency also revised its credit growth estimates to 6.9 per cent in FY21 from earlier 1.8 per cent, and 8.9 per cent in FY22.

TCS, ICICI Bank, other must-have stocks: Time to rejig investment portfolio post Budget 2021? INTERVIEW

Investment advisor Sandip Sabharwal tells that the biggest driver of the markets now is easy liquidity which needs to be monitored.

Union Budget 2021, TCS, ICICI Bank, PSU banks

Nifty PSU Bank index tumbles over 1%, RBI warns of fall in asset quality post moratorium

Bank stocks were in focus today falling as much as 1 per cent after the Reserve Bank of India (RBI) released a report on Trend and Progress of Banking in India in 2019-20

Budget 2021-22, Union Budget 2021

Are PSU banks set to become profitable this year after four years of losses?

All PSU banks recorded a net profit of Rs 507 crore in the first three quarters of FY2019-20.

PSU bank, PSB, public sector banks, state lenders, psb profit, psu bank profits, psu bank profit q3

सरकारी बैंक कर्मचारियों के लिए अलर्ट! ग्रुप हेल्थ इंश्योरेंस पर IRDAI ने जारी की ये गाइडलाइन

अगर आप उन सरकारी बैंकों के कर्मचारी हैं, जिनका मर्जर किसी दूसरे बैंक में हुआ है या होने

health insurance, Coronavirus, Super-top up plan, employer-provided health-cover, medical expenses

IBPS recruitment 2019: Admit card now available at ibps.in; Check details

The Institute of Banking Personnel Selection (IBPS) has released a notification regarding issuing of hall tickets for the upcoming preliminary exam training call letters.

The exam is slated to take place on December 7, 8, 14 and 21, 2019.

Top Heavy: Indian banks have more officers than clerks; how the situation changed in just 15 years

PSU banks still have more clerks and subordinate staff than officers whereas the role of clerks has completely diminished in private banks.

Banking job, PSU bank, private banks, recruitment in banks

PSUs on sale: Workers take to street to protest Modi govt’s privatisation bid

PSU Disinvestment: Central trade unions have opposed the Modi government's proposal to shutdown the State Trading Corporation and Project & Equipment Corporation.

Privatisation of PSUs is also closely linked to the revival of India’s investment-cycle

Big bank theory: PSU banks to get CGMs as they look to expand footprint

Banking sector reforms: Modi government has empowered boards of public sector banks to create a new position of CGM to restructure their senior management.

 finance minister, Nirmala Sitharaman, PSU bank, public sector banks, big bank merger, slowdown, steps to revive economy, slew of measures, GST council

Why PSU banks mega merger plan is good despite opposition from trade unions

In the second round of merger, 6 PSU banks will merge with 4 larger banks. The move is aimed at increasing the efficiency of public sector banks.

PSU Bank Mega Merger, SBI, PNB, Bank of Baroda

Arun Jaitley meets PSB heads; wants to empower banks amidst NPA crisis: 5 key things FM said

Finance Minister Arun Jaitley on Monday met CEOs of public sector banks to discuss various key challenges facing the banking sector.

State-run banks’ credit profiles at risk on heavy losses: Fitch

The credit profiles of state-run banks are under pressure following huge losses in the past two consecutive quarters which have weakened their core capital adequacy, says Fitch.

20 PSU banks’ loss stand at Rs 16,272 cr in Q4, should you invest in them?

The combined net loss of 20 public sector banks (PSB) stood at Rs 16,272.34 crore for the fourth quarter ended March 2016 as bad loans situation worsened.

PSU banks loss bad loans

5 PSU banks post Rs 6,751-cr loss in Q4 on bad loans, should you invest?

Bad loan mounts: Five public sector banks such as Bank of Baroda, UCO Bank, Central Bank of India, Allahabad Bank and Dena Bank on Friday registered a combined net loss of over Rs 6,700 crore for the quarter ended March 2016

PSU banks - bad loans

PSU banks may face further stress on asset quality: Moody’s

Flagging "under-recognition" of bad loans by banks as a concern, ratings agency Moody's said asset quality of the 11 rated PSU banks may face further stress as restructured loans may eventually turn into NPAs.

moodys france

REC puts Rs 1,500 cr into AT-1 bonds of three PSU banks

Rural Electrification Corporation (REC) has invested R1,500 crore in the additional tier-1 (AT-1) bonds or perpetual bonds of Indian Bank, Syndicate Bank and Vijaya Bank, reports Bhavik Nair in Mumbai.

public sector banks

PSU banks: Asset quality continues to be under stress

We remain cautious on PSU banks, as we see continued asset quality stress. We think the macro turnaround is not imminent, and this should drive further worsening of the asset quality cycle, with credit costs remaining elevate

IRDA okay with LIC investment in public sector banks

According to an official, the regulator did not find anything wrong with its investment pattern in PSU banks. Earlier, the RBI had expressed concern over LIC making huge investments in PSU banks, saying it can “affect the f

public sector banks

India best among EMs; health of PSBs, corporates a worry: IMF

IMF's financial counselor Jose Vinals said that India is the best placed among emerging markets, but underlined that it has problems of its own which need to be dealt with.

IMF

PSU banks on fire after RBI eases capital norms; SBI surges over 10%

Shares of public lenders such as State Bank of India (SBI) surged 11.50 per cent, followed by Punjab National Bank (up 6.65 per cent) and Bank of Baroda (up 6.65 per cent).

Ambuja Cements shares
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