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BusinessToday.In
May 25, 2018
The employees of public sector banks will go on a two-day strike from May 30-31 to protest a 'meagre' 2 per cent wage hike offered by the Indian Banks' Association (IBA).


BusinessToday.In
New Delhi, May 24, 2018
Earlier this week, reports pointed out that India's private banks have recorded a 450 per cent jump in gross NPAs in the past five years. But according to a recent CARE Ratings report, there has been a significant spurt in NPAs even on a quarterly basis where the fourth quarter results of the last fiscal are concerned. 


PTI
May 23, 2018



BusinessToday.in
New Delhi, May 18, 2018
New finance minister Piyush Goyal has reiterated that the government is committed to strengthen public sector banks under the PCA mechanism. Crude has breached yet another psychological mark of $80 per barrel. As a result, India's oil import bill has shot up more than 25 pc to over $109 billion in 2017-18 and Harvard economist Carmen Reinhart has shocked the world economists by claiming the world economy is in worse shape today than what it was during the 2008 financial crisis or recession. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.in
New Delhi, May 18, 2018
Trump attacks China over US trade deficit  US President Donald Trump today hit out at China for \"fleecing\" his country with hundreds of billions of dollars every year, even as high-level delegations from the two countries were holding intense negotiations in Washington over a series of trade disputes between them.\"China has taken our hundreds of billions of dollars a year from the United States. And I explained to (Chinese) President Xi (Jinping), we can't do that anymor...


Mail Today Bureau
May 18, 2018
Finance Minister Piyush Goyal on Thursday assured all possible help from the government to strengthen the 11 public sector banks that have been placed under the RBI's 'Prompt Corrective Action' framework to check their deteriorating financial health.


BusinessToday.In
May 17, 2018
While Goyal's tenure as the Finance Minister is going to be ephemeral, the former chartered accountant turned investment banker has already set the ball rolling to improve the financial health of country's public sector banks.


PTI
May 13, 2018



PTI
May 1, 2018



BusinessToday.In
New Delhi, April 19, 2018
According to the SBI chief, privatisation may not necessarily solve the problems the public sector banks face. This includes the NPAs pertaining to public sector banks which stand at Rs 73.3 lakh crore.


PTI
April 19, 2018



PTI
April 18, 2018



BusinessToday.In
New Delhi, April 17, 2018
In the last four fiscal years, 21 public sector banks could recover only Rs 29,343 crore out of the total Rs 2.72 lakh crore of bad loans


BusinessToday.In
April 16, 2018
RIL-JM Financial ARC was the sole bidder and its initial offer of Rs 4,950 crore on April 12 had reportedly been rejected by 30 per cent of the CoC on the grounds that it was too low.


Anand Adhikari
April 13, 2018
What is missing is the formation of the Bank Investment Company (BIC), a holding company for housing the government stake at all the PSBs. So far, there is no road map. The PSBs are already neck deep in trouble with government only pouring in more capital.


Anand Adhikari
April 12, 2018
Axis Bank is actually amongst the top five large banks in India in terms of overall performance. In a recent Business Today - KPMG Best Banks Study 2016-17, Axis Bank scored high on many of the key parameters.


BusinessToday.In
April 12, 2018
Former DoPT Secretary Bhanu P Sharma was appointed as the Chairman of the Banks Board Bureau for two years. Until recently, the BBB was headed by the former CAG Vinod Rai.


PTI
April 12, 2018



Niti Kiran
New Delhi, April 10, 2018
Minister of State for Finance Shiv Pratap Shukla in a written reply in the Lok Sabha revealed that as of December 2017, 2,108 FIRs were registered against wilful defaulters.


BusinessToday.in
New Delhi, April 10, 2018
State Bank of India Chairman Rajnish Kumar, in an exclusive interview with India Today, touches on the burning issue of bad loans, shares his views on Nirav Modi scandal and the credit risk management practices.


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