Page 4 of Public Sector Banks

Indian banks’ asset quality strong enough to handle shocks, says RBI; acknowledges omicron worries

The probability of a decline in bad loans still remains high, experts said, adding that banks will largely be able…

December 30, 2021 16:43 IST

Bank Holidays 2022, Bank Holidays February 2022

Bank Holidays January 2022: Banks to remain shut for up to 16 days in January; check list here

List of Bank Holidays in January 2022, Bank Holidays January 2022 in India: Banks in India will remain closed for…

December 27, 2021 13:27 IST

On liabilities side, Bank of India’s domestic deposits grew 2.5% on year to Rs 5,45,734 crore.

Pandemic won’t deliver a big shock to banking system: Principal economic advisor Sanjeev Sanyal

He said as the government was opening up more and more avenues for private investments. The booming stock markets could…

June 25, 2021 02:00 IST

“AMFIRS is aimed at providing financial relief from the government to the microfinance borrowers in the state to help them continue maintaining good credit discipline in Covid times,” it added.

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…

June 18, 2021 01:30 IST

At 20%, small finance banks have highest return on advances

According to an analysis of the key financial metrics of small finance banks (SFBs) by Care Ratings in comparisons to…

January 7, 2021 21:24 IST

vijay mallya extradition, vijay mallya loan default case, vijay mallya money laundering case

Indian banks pursue UK bankruptcy order against Vijay Mallya

Mallya, meanwhile, remains on bail as the UK Home Office deals with a “confidential” legal issue before UK Home Secretary…

December 20, 2020 14:16 IST

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

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…

November 14, 2019 10:55 IST

Increase coverage under Atal pension scheme: Govt to PSBs

Government has asked banks to take steps to increase coverage under the Atal pension scheme as lenders failed in meeting…

June 12, 2016 13:46 IST

Finance Ministry, Jayant SInha, assets fund, NIIF, Banks NPA, UPA government

India will have 8-10 “very competitive” state-owned banks after consolidation: Jayant Sinha

Jayant Sinha said India would have 8 to 10 “very competitive” state-owned banks after an ongoing consolidation phase, a sharp…

May 27, 2016 16:03 IST

Clean up banking sector, create 5 large, structurally unconstrained government-promoted banks

Clean up the sector, create five large, structurally unconstrained government-promoted banks.

May 19, 2016 11:38 IST

Cumulative loss of 20 PSBs stands at Rs 14,283 crore

The cumulative loss of 20 public sector banks (PSBs) that have declared their Q4FY16 results as of Wednesday has crossed…

May 19, 2016 06:12 IST

Poor asset quality of PSU banks a risk to India’s sovereign rating: Moody’s

High corporate leverage poses systemic risks if adverse growth and financial conditions pressure borrowers’ repayment capacity, Moody’s said.

April 26, 2016 11:40 IST

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…

March 10, 2016 17:16 IST

‘High capital needs may hit PSBs’ growth, profitability in FY17’

Most public sector banks are likely to face pressure in terms of growth and profitability during FY17 owing to their…

Updated: February 2, 2016 02:21 IST

PSBs must gear up to handle a big market

With increasing emphasis on ‘Make in India’, public sector banks should be prepared to support a market growing organically

Updated: December 4, 2015 09:06 IST

Hasmukh Adhia, hasmukh adhia revenue secretary, revenue secretory hasmukh adhia,

PSBs don’t need to go to market in distress: Hasmukh Adhia

Hasmukh Adhia said that the finance ministry is working to strengthen fraud detection processes at PSBs.

August 19, 2015 07:08 IST

Centre unveils public sector banks revamp road map

The government on Friday unveiled a seven-point revamp agenda for public sector banks with worrisome levels of stressed assets, the…

Updated: August 15, 2015 01:28 IST

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