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Total 138 results found. Search for [ PSBs in crisis ]

Results 1 to 21 of 138
Anand Adhikari
March 19, 2020
Covid-19 pandemic was like a bold from the blue. Over the last seven years, the banks had braved the first of its kind balance sheet clean up with RBI's asset quality review for stressed loans


BusinessToday.In
New Delhi, March 14, 2020
During an event in Guwahati on February 27, the FM called the State Bank of India a \"heartless bank\" and even accused the country's largest lender of failing to extend loans to tea garden workers in Assam


PTI
March 11, 2020
Yes Bank along with SBI is in discussions to raise capital, RBI-appointed administrator Prashant Kumar said while assuring that depositors' money is absolutely safe


Anand Adhikari
New Delhi, March 7, 2020
RBI's five-page draft scheme clearly says that SBI expressed willingness to invest in YES Bank; this is probably first time that the state-owned lender, with Rs 34 lakh crore assets size, came forward to bail out a new generation private bank


BusinessToday.In
New Delhi, March 6, 2020
Yes Bank News Updates: In the reconstruction scheme for YES Bank, the government has said that the SBI is willing to investment in the troubled private lender


Gayathri Parthasarathy
March 3, 2020
They have taken big strides, particularly in retail and SME finance


Anand Adhikari
New Delhi, February 4, 2020
\"Reduction of corporate tax rate is a first supply side move to get private investment back; for many years, India was disproportionally dependent on consumption driving economic growth and not investment. On demand side, we need to get more confidence,\" says Kotak


Anand Adhikari
New Delhi, January 7, 2020
Even as banks lower their NPAs for the year, new areas of stress are emerging that may create headaches for the financial sector and the RBI


Anand Adhikari
New Delhi, January 3, 2020
The difference between the gross salary of the RBI Governor and a Deputy Governor is also not much. The Governor earns just Rs 31,500 more than a Deputy Governor per month


PTI
New Delhi, December 24, 2019
With risks to the outlook tilted to the downside, the IMF Directors called for continued sound macroeconomic management


PTI
New Delhi, December 10, 2019
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively


Anand Adhikari
New Delhi, November 27, 2019
High level of slippages is making the Reserve Bank of India jittery. RBI Governor Shaktikanta Das had earlier advised banks to be cautious and prudent in lending to small borrowers


PTI
New Delhi, November 26, 2019
In 2017-18, the 18 public sector banks collected Rs 3,368.42 crore by levying minimum balance penalty


PTI
New Delhi, November 21, 2019
In August, the government announced its plan to merge 10 public sector lenders into four to create fewer and stronger global-sized banks


Chitranjan Kumar
New Delhi, November 19, 2019
Comparing India's much larger economy with Pakistan's smaller economy can be tricky, but it's safe to say the problem of bad debt is prevalent in both nations


Prasanna Mohanty
November 6, 2019
RBI flouts its own directive and defies Supreme Court to protect big corporate defaulters, putting the entire banking system at great risk, while crying foul over farmers' loan waivers - paid for by state governments and relatively inconsequential


PTI
November 1, 2019
The unions said ensuring \"proper governance in the system\" and \"removing political interference\" will address the problem of NPAs that has been weakening the financial health of the PSBs


BusinessToday.In
New Delhi, October 17, 2019
Referring to crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank, Dr Singh said what happened was unfortunate and urged state and central government to pull their head together and sort out the issue


PTI
October 17, 2019
Nirmala Sitharaman listed out the investment possibilities Jammu and Kashmir carries in different sectors like tourism, fine arts, handicrafts, wood work, carpets, silk, production of saffron and apple.


BusinessToday.In
October 14, 2019
The GNPA from agriculture sector and allied activities in PSBs stood at Rs 1.04 lakh crore at the end of July 2019 as against a total credit of Rs 9.42 lakh crore.


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